When their lips are moving, they are lying. This from RIA Novosti…
Russian President Dmitry Medvedev dismissed speculation on Friday that his country would not have enough natural gas for European consumers and pledged to launch new fields if the market grows.
“It is amusing to hear statements that Russia will not have enough gas for supplies to Europe…This is not so,” Medvedev told a Valdai International Discussion Club meeting.
Medvedev also said that the country’s plans to develop energy cooperation with Asian states would not adversely affect energy supplies to Europe.
Talk is cheap. The investment needed to secure future gas production is not. So far, their is no sign that the Russians are spending the necessary money to keep their exports from going down.