Russia's Antipinsky Oil Refinery (Photo: TASS) |
If the German regulator gives its clearance tomorrow, supplies of 17.5 billion cubic metres of gas will start the day after tomorrow, Putin told a televised forum. He said Russia is on track to complete filling the second line of the Nord Stream 2 undersea gas pipeline, which runs on the bed of the Baltic Sea to Germany, before the end of December.
Gas supplied by Gazprom to Europe under long-term contracts will cost the EU countries four times less than gas purchased on the spot market, Putin said, adding that Gazprom does not make excessive profits.