Russia's President Vladimir Putin addresses newly-elected members of the lower house of parliament, the State Duma, in Moscow, Russia October 12, 2021. Sputnik/Sergei Bobylyov
MOSCOW: Russian President Vladimir Putin said on Wednesday electric power shortages were behind the gas price rise in Europe, and that Moscow was ready to discuss additional action, saying that there needed to be agreement on how to balance energy markets.
Putin said the gas market was neither balanced nor predictable, particularly in Europe, but said that Russia was meeting its contractual obligations to supply gas there.
(Reporting by Vladimir Soldatkin and Olesya Astakhova; Writing by Alexander Marrow Editing by Katya Golubkova)
