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Gazprom sees UK companies’ interest in signing gas supply contracts

MOSCOW, November 2. /TASS/. United Kingdom’s majors are interested in making gas supply contracts with Gazprom, Deputy Chief Executive Officer of the Russian gas holding Alexander Medvedev said on Wednesday in an interview with Rossiya 24 TV Channel.

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Gazprom gas supplies to non-CIS countries up 10% in 2016

"We see interest of United Kingdom’s majors that want to make a gas supply contract with us already now. The Nord Stream gas pipeline will exactly make possible to deliver gas not merely to Central Europe but to the United Kingdom also," Medvedev said.

"The United Kingdom is probably the only European nation not merely speaking about climate protection but it made the decision to shut down coal-fired power plants," Medvedev said. The country will therefore need extra gas volumes, he added.

"Figures of 8, 10 and 12 bln cubic meters are indicated. This time is already around the corner," Medvedev said.

Gazprom also expects Europe will continue tapping Russian gas at high rates in November - December:

"We expect [gas] intake rates to remain high in November and in December," Medvedev said.

According to Gazprom’s data, the company boosted gas supplies to non-CIS countries by 10% year-on-year to 13.1 bln cubic meters in January - October 2016.

Gas supplies surged by 7.5% to Germany, 54.6% to the United Kingdom, 20.4% to France, 27.5% to Austria, 47.3% to Greece, 91.8% to the Netherlands, 149.4% to Denmark, and 16.7% to Poland.

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