Russia, China round up joint naval exercise in Baltic SeaMilitary & Defense July 27, 21:27
Chechen leader says he is ready to quit his job to protect al-Aqsa Mosque in JerusalemSociety & Culture July 27, 21:07
Russian tennis star Sharapova granted wildcard for WTA tournament in CincinnatiSport July 27, 20:11
Russia invites Baltic partners to attend naval review in St. PetersburgMilitary & Defense July 27, 19:38
Russia’s new ambassador to Turkey presents his credentials to ErdoganRussian Politics & Diplomacy July 27, 19:03
Deadly wildfires in southern EuropeWorld July 27, 18:20
Russia interested in cooperation with Finland on Arctic environmentBusiness & Economy July 27, 18:14
New US anti-Russia sanctions way to pursue its economic interests with cynicism — PutinRussian Politics & Diplomacy July 27, 18:11
Moscow surgeons separate newborn Siamese twins conjoined at head in 30 minutesSociety & Culture July 27, 17:57
St PETERSBURG, June 20 (Itar-Tass) - International Energy Agency /IEA/ forecasts a feeble demand for natural gas in Europe over the coming few year and a simultaneous increase of the role of Russian gas in supplies to the European market, the agency’s Executive Director, Maria van der Hoeven told a news conference here Thursday.
She said that the demand for gas in the European countries will not return to the pre-crisis levels in the coming ten years even though the European economy is now getting back on track.
Van der Hoeven said that the imports of gas in Europe will increase in the medium term but largely due to the fall of production of energy resources in the European nations.
She admitted that the Europeans will be unable to subsist without Russian gas.