Finance
Russia Ready to Supply Gas to the EU if It Has Surplus, Tass Reports
Published by Global Banking & Finance Review®
Posted on April 12, 2026
1 min readLast updated: April 12, 2026
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Russia’s Kremlin spokesman Dmitry Peskov said on April 12 that Russia is ready to supply gas to the EU if surplus volumes remain after servicing other markets, while Europe remains confident it can source alternatives even if Russian supplies stop.
Kremlin Says Russia Could Supply Gas to EU if Surplus Remains, TASS Reports
Russia's Stance on Gas Supplies to the European Union
Kremlin Statement on Gas Supply Conditions
MOSCOW, April 12 (Reuters) - Kremlin spokesman Dmitry Peskov said on Sunday that Russia is ready to continue supplying gas to the European Union "if there are volumes remaining after supplies to alternative markets," Russian state news agency TASS reported.
Europe's Potential Response
However, Europe will find a way to buy gas even if Russia does not supply it, Peskov said.
Reporting and Editorial Information
(Reporting by ReutersEditing by Bernadette Baum)
Key Takeaways
- •Russia is offering to supply the EU gas only if surplus remains after fulfilling other markets.
- •EU is actively phasing out Russian gas, aiming for a full import ban by end‑2027, accelerating diversification efforts.
- •EU now sources around 10‑13 % of its gas from Russia, down markedly from over 40 % before the Ukraine war.
Frequently Asked Questions about Russia ready to supply gas to the EU if it has surplus, TASS reports
1Is Russia ready to supply gas to the European Union?
Yes, Russia is ready to supply gas to the EU if surplus volumes remain after fulfilling commitments to other markets, according to the Kremlin.
2What did Kremlin spokesperson Dmitry Peskov say about gas supplies?
Dmitry Peskov stated Russia is prepared to continue supplying gas to the EU if there are surplus volumes after supplying alternative markets.
3Will the EU be able to buy gas if Russia does not supply it?
Yes, according to Peskov, Europe will find a way to buy gas even if Russia ceases its supply.
4Who reported Russia's readiness to supply gas to the EU?
Russian state news agency TASS reported the statements from Kremlin spokesman Dmitry Peskov.
