The Russian president has warned that Europe still needs Russian gas, but his country is turning east for energy exports.

Iran PressEurope: President Vladimir Putin said on Thursday that Moscow would work to redirect its energy exports eastward as Europe tries to reduce its reliance on them, adding that European nations would not be able to ditch Russian gas immediately.

Russia supplies around 40% of the EU's natural gas, and western sanctions over Moscow's "special military operation" in Ukraine have hit its energy exports by complicating the financing and logistics of existing deals, Reuters reported.

While the EU debates whether to slap sanctions on Russian gas and oil and member states seek supplies from elsewhere, the Kremlin has been forging closer ties with China, the world's top energy consumer, and other Asian countries.

"The so-called partners from unfriendly countries concede themselves that they won't be able to make do without Russian energy resources, including without natural gas, for example," Putin told a televised government meeting.


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