Ask the experts

Russian natural gas monopoly Gazprom will...

Gazprom said last Friday its natural gas sales should reach 710 bcm-765 bcm by 2030, up some 30% against pre-crisis figures in 2007-2008, with no plans to increase domestic gas sales, Vedomosti reported.

According to Gazprom calculations, independent gas producers should shoulder an increase in gas demand in Russia, which could push their share on the domestic market to 33%-40% by 2030 from 27% in 2008.

Though gas prices for domestic consumers have been rising fast, they were 80% lower than prices for gas exports to Europe in 2009.

Gazprom has already signed contracts for some 30 bcm of gas supplies to Europe, where gas demand should grow 19% to 713 bcm in 2030 against 2008, according to various estimates, Vedomosti reported.

Mikhail Korchemkin, director of East European Gas Analysis, told the paper that the capacity of Gazprom"s operating pipelines to Europe, including its Ukrainian and Belarusian transit routes, stood at some 200 bcm annually.

The

Pages: [1] 2 


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):
Popular Articles
MOSCOW, August 5 (RIA Novosti) - The Russian...

MOSCOW, August 5 (RIA Novosti) - The Russian Finance Ministry has received, and is considering, a request from the Bolivian government for a $100-mln loan, a ministry"s source said on Wednesday.


Russia"s top military chief said Moscow...

Russia"s top military chief said Moscow looked "negatively" at new U.S. missile defense plans in Eastern Europe that could affect talks on a new nuclear arms cuts treaty.


New Ukrainian President Viktor Yanukovych...

New Ukrainian President Viktor Yanukovych has dismissed the presidential envoy to the Crimea, the predominantly Russian-speaking Black Sea autonomous republic, as part of his plans to shake up his predecessor Viktor Yushchenko"s pro-Western establishment.