The possible nationalisation of Russian assets in foreign countries is a “double-edged sword”, said Russian President Vladimir Putin, hinting that Moscow could impose similar countermeasures.

The announcement came a day after Germany announced that the energy regulator would take control of Gazprom Germania, the German subsidiary of Russian energy giant Gazprom, a gas trading, storage, and transportation company.

Putin denounced “pressure” on Gazprom in Europe. “The situation in the energy sector is deteriorating due to gross non-market measures, in particular administrative pressures on Gazprom in many European countries,” he said.

The Russian president also said that Russia should closely monitor the export of agricultural products to “enemy countries”, in the midst of sanctions affecting the Russian agricultural sector. “This year, against the backdrop of the global food shortage, we need to be more careful about food deliveries abroad and watch in particular the export conditions to countries that pursue a hostile policy towards us,” he said.

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