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Новости // Russia

Europe still needs us, Gazprom says

28 сентября 2017 г., 13:30Neftegaz.RU695

Gazprom said on September 27, 2017, that, because of dwindling resources of its own, the European market was still largely dependent on its natural gas.


The board of directors said Wednesday that Gazprom was the largest natural gas exporter in the world and the largest supplier to members of the European Union.


«According to international industry experts, natural gas demand in the EU will remain stable in the long term,» the company said. «With domestic production in an ongoing slump, EU countries will need considerable amounts of additional imports, prompting suppliers, including Gazprom, to boost their exports to the region.»


Russia meets about a quarter of the European demand for natural gas. Gazprom aims to twin its Nord Stream natural gas pipeline system running through the Baltic Sea to Germany and expand its options by building a pipeline for the southern European market through Turkey.


European opposition to expanding the Russian gas pipeline through the Baltic Sea faded early this year after the European Commission found no legal grounds to block the project.

European governments are wary over Gazprom practices in the region, as the company usually controls both the gas supplies and the transit networks.


Maros Sefcovic, the European official in charge of energy issues, said this summer that Nord Stream didn't contribute to European objectives on market diversity.

If it's built, he said Gazprom needs to play by European rules.


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