Russia may pivot to the east but it cannot escape its European destiny

Demand for Russian gas is still there

The real threat for gas in Europe does not come from Russia, but from internal mechanisms that keep giving an edge to coal.

Gazprom and Petrovietnam discuss future cooperation in oil and gas sector

Global energy demand is set to grow by 37% by 2040 in our central scenario, but the development path for a growing world population and economy is less energy-intensive than it used to be.

IEA Report: Global Gas Demand 50% Higher in 2040

LNG Will Offer Protection Against Gas Supply Halts: IEA

Dispute over Russian gas supplies to Ukraine should be resolved shortly since this country will not survive this winter without Russian gas.

According to Gazprom’s financial report, in 2013 exports to Europe accounted for 58% of its revenue. It is true that Gazprom has been losing market share in Europe, but it has been increasingly flexible and sales rebounded in 2013.

Unseasonably cold temperatures this week led to big increases in heating demand for natural gas from the residential and commercial sectors. Weather forecasters expect the cold to continue into next week, which will likely result in more natural gas consumption.