2019-05-23 12:10:00
RUSSIA'S GAS FOR AUSTRIA: +44%
GAZPROM - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in Moscow.
The parties reviewed current areas of cooperation. Among other things, the meeting participants discussed the ongoing exports of Russian gas to Austria, noting that gas exports to the country continue to grow in 2019 and the pace is accelerating. According to preliminary data, gas supplies went up by 20.5 per cent in January-April 2019 compared to the same period of 2018, while the May 1–20 period of this year showed a 44 per cent increase.
Particular attention at the meeting was paid to the ongoing implementation of the Nord Stream 2 project. As of now, 1,290 kilometers of pipes – 52.6 per cent of the gas pipeline's total length – have been laid in the Baltic Sea.
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Background
OMV AG is Gazprom's main partner in Austria. The companies cooperate in gas production, transportation and supplies.
In June 2018, an Agreement was signed to extend until 2040 the existing contract between Gazprom Export and OMV Gas Marketing & Trading GmbH for Russian gas supplies to Austria.
In October 2018, Gazprom and OMV signed the Memorandum on Strategic Cooperation.
In 2018, Gazprom delivered to Austria 12.3 billion cubic meters of gas, an increase of 34.8 per cent (or 3.2 billion cubic meters) against 2017 (9.1 billion cubic meters).
Nord Stream 2 is the construction project for a gas pipeline with the annual capacity of 55 billion cubic meters from Russia to Germany across the Baltic Sea.
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Earlier:
2019, May, 21, 15:30:00
РУССКИЙ ГАЗ ДЛЯ ЕВРОПЫ: 35%
“По итогам 2018 года доля российского газа в потреблении газа Европой достигла более, чем 35%, а в импорте - 46%, то есть это почти половина. При этом Евросоюз остается основным потребителем газа из России - доля стран Евросоюза в поставках "Газпромом" в прошлом году достигла уже более 86%, что говорит о нашей существенной взаимозависимости, и о том, что мы должны действовать достаточно скоординировано", - заметил замглавы Минэнерго России.
2019, May, 17, 07:35:00
GAZPROM'S SALES DOWN 10%
Gazprom's sales of Russian gas dropped 10% in the first quarter, analysis of quarterly results showed, as sales from storage dipped compared with 2018.
2019, May, 2, 16:35:00
EUROPE'S GAS DIVERSIFICATION
The EU has long worked to diversify from relying on Russia for almost 40 percent of its gas needs by developing LNG infrastructure to access other suppliers. Qatar and Australia are other major LNG suppliers.
2019, May, 2, 16:15:00
GAZPROM'S PROFIT: TWICE
Profit attributable to the owners of PJSC Gazprom for the year ended December 31, 2018 amounted to RUB 1,456,270 million which is by RUB 741,968 million, or 104 %, more than for the year ended December 31, 2017.
2019, April, 26, 10:55:00
NORD STREAM 2 SUCCESS
The meeting participants stressed the success of the operating Nord Stream gas pipeline and the great importance of the under-construction Nord Stream 2 gas pipeline for the energy security of Europe and Germany in particular.
