Russia is interested in using its gas as a weapon in response to Western sanctions against its aggression in Ukraine, even flaring it instead of selling, said European Commission President Ursula von der Leyen during her speech at the first session of the G20 summit, APA reports citing DPA.
“We see literally, that Russia – instead of selling gas – prefers to flare gas. This tightens the global energy market and leads to skyrocketing prices. Our best response to this is to speed up the green transition towards clean energy. Clean energy is the only answer to both the energy crisis and the climate crises and will also strongly benefit other countries of the world", added EC President.
She stressed that in the next five alone Europe will invest at least 4 billion euros (USD 4,1 bln) in renewable energy and it will unleash massive private investment as well.