The Russian president Vladimir Putin stated today that energy prices are approaching “financially justified” levels and that Russia continues to meet its energy supply commitments.

Speaking at a conference of the Russian-sponsored Eurasian Economic Union, Putin also raised the issue of energy shortages in Europe.

Now, thank God, energy prices are approaching an economically justifiable level, but who is to blame for what has happened?” he said, speaking before the leaders of Belarus, Kazakhstan and Kyrgyzstan.

“They blew up Nord Stream 1, they didn’t start Nord Stream 2” ehe said, regarding the twin natural gas pipelines that run from Russia to Germany across the Baltic Sea, which were severely damaged by explosions last September.

Russia, without presenting any evidence, has repeatedly said the West is behind the blasts. Investigators from Sweden and Denmark, in whose exclusive economic zones the explosions occurred, have said the ruptures were the result of sabotage, but have not said who they believe was responsible.