GAZPROM WILL MEET
Russia's top natural gas producer Gazprom said it would be able to meet Europe's rising demand for gas thanks to new projects, even while the European Union is aiming to reduce its energy dependence on Moscow.
"According to most of the scenarios, which have been reviewed, long-term gas demand will increase in the European market, a key one for Gazprom, against the background of its (Europe's) own production decline," Gazprom said in a statement on Tuesday after its board meeting.
Supplies to Europe can be increased via the Nord Stream undersea pipeline as well as through the proposed South Stream link, which…
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.