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Russian presidential press secretary Peskov said on the 9th that although gas prices in Europe have risen rapidly recently, they have not reached their peak and are expected to reach new highs in the future. Peskov said at a press conference held on the same day that even at the fastest speed, Europe will not be able to complete the underground gas depot replenishment work before the arrival of winter. He said that Europe should recognize the need to find cheaper energy sources, and Russian natural gas, including pipeline gas and liquefied natural gas, is the cheapest. He also pointed out that one of the “Nord Stream” gas pipelines is still in good condition and can be used at any time, but due to political factors, Europe is unable to think rationally; in the end, it is the European economy and European people that are damaged. According to the Financial Times, Europe's natural gas reserves are currently only 65.6% of storage capacity, the lowest level for the same period in 15 years. European gas prices have risen by more than 75% in the past two months, hitting a three-year high this week. As high gas prices limit the rate of replenishment in summer, and Europe is getting closer to the peak of winter energy demand, uncertainty about energy supply and price trends has further increased.

Zhitongcaijing·09/09/2026 14:25:09
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Russian presidential press secretary Peskov said on the 9th that although gas prices in Europe have risen rapidly recently, they have not reached their peak and are expected to reach new highs in the future. Peskov said at a press conference held on the same day that even at the fastest speed, Europe will not be able to complete the underground gas depot replenishment work before the arrival of winter. He said that Europe should recognize the need to find cheaper energy sources, and Russian natural gas, including pipeline gas and liquefied natural gas, is the cheapest. He also pointed out that one of the “Nord Stream” gas pipelines is still in good condition and can be used at any time, but due to political factors, Europe is unable to think rationally; in the end, it is the European economy and European people that are damaged. According to the Financial Times, Europe's natural gas reserves are currently only 65.6% of storage capacity, the lowest level for the same period in 15 years. European gas prices have risen by more than 75% in the past two months, hitting a three-year high this week. As high gas prices limit the rate of replenishment in summer, and Europe is getting closer to the peak of winter energy demand, uncertainty about energy supply and price trends has further increased.