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Europe may need new pipelines for gas supply from Russia — Gazprom

April 24, 16:07 UTC+3

Gazprom does not exclude that Europe may need new gas pipelines for gas supplies from Russia

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MOSCOW, April 24. /TASS/. Gazprom does not exclude that Europe may need new gas pipelines for gas supplies from Russia, Deputy CEO of the gas holding Alexander Medvedev said on the air with Rossiya 24 TV Channel.

"If Europe states its needs and is ready to sign required contracts, then I do not rule out that new gas transportation projects will be needed: the Nord Stream 3, for example," Medvedev said. "The situation can evolve in such way," he added.

The demand for resources is growing among many traditional partners of Gazprom, the top manager said. For example, Austria "increased imports by 40% and continues requesting new volumes," Medvedev noted.

"We have always said we will supply as much gas to Europe as Europe requires. We have proven reserves. We have transport, we are building new transport routes," the top manager said.

Deliveries of gas to Europe and China will make it possible for Gazprom to be above the figure of 200 bln cubic meters in 2020, Medvedev said. "I am confident that we will be definitely above 200 bln [cubic meters] in exports and this will take place in 2020 already, while deliveries to China will start in 2019," he added.

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