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Gazprom says ready to meet growing demand for gas in Europe

VIENNA, January 24. /TASS/. Gazprom is ready to meet the growing demand for gas in Europe, delivering it as much gas as necessary. At the same time, infrastructure for supplies would not cost European taxpayers anything, Deputy Chairman of Gazprom Management Committee Alexander Medvedev said on Tuesday.

He recalled that last year, Gazprom exported almost 180 bln cubic meters of gas to non-CIS countries.

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Gazprom chairman says gas will follow oil in global energy balance by 2040

"Our gas was and still remains the most popular gas in the European market. According to preliminary estimates of analysts of Eurogas, gas consumption in Europe last year grew by 36%, even though the European economy is recovering slowly, its growth will not exceed 2%," he said. Medvedev noted that reduction of coal consumption and investment in renewable energy are among the European market trends.

He noted that Europe does not have enough of their own resources to meet their needs. "Hopes to repeat the shale revolution in Europe did not come true, and US LNG was sent to other markets. Gazprom remains the sole supplier, ready to deliver gas in any amount. We are able to export the necessary volume of gas to Europe," he said.

Medvedev added that in order to "ensure growth of consumption tomorrow, large-scale investment decisions must be made today."

"Gazprom continues to invest in Europe's energy more than anyone else. Gazprom is ready to build infrastructure that will not cost European taxpayers anything," he said, adding that all projects of Gazprom are justified from a commercial standpoint.

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Oil & Gas Gazprom

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WIPO members adopt Riyadh Design Law Treaty

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Russian servicemen control 30% of Chasov Yar in DPR — expert

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Biden’s decision to use ATACMS against Russia may 'blow up in America’s face' — US expert

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US not seeking confrontation with Russia, but will continue assistance to Kiev — Pentagon

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Internet shutdown possible in Belarus if events of August 2020 recur, Lukashenko says

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West builds up military presence near Russia’s Arctic borders — presidential aide

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Russia not obliged to notify anyone about launch of intermediate-range missile — Kremlin

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Zelensky shook up by Russia’s response to permission to attack it — Lavrov

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Russian embassy warns UK about dangers of calling for Moscow’s ‘defeat’

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Press review: Russia fires missile at Ukraine plant and Biden forgives Kiev $4.65 bln debt

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Bundeswehr prepares plan for Operation Germany in case of war with Russia — newspaper

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State Department says Russia, China maintain forward momentum in bilateral relationship

Moscow and Beijing 'have maintained forward momentum in their bilateral relationship', Kurt Campbell said

Illegal decisions on Russian property in Finland will not go unanswered — diplomat

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Over 1,200 children from Dagestan remain in refugee camps in Middle East

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Lukashenko grants asylum to Schmidt persecuted on political grounds by Poland

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Good relations between Moscow, Riyadh helping oil market stability — Medvedev

"Our friends are living in the Arab world," the politician noted

Russia’s re-election to UNCITRAL confirms its global reputation — Foreign Ministry

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West beginning to realize only part of Ukraine will remain — Lavrov

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Ukraine should consider territorial concessions to Russia in return for peace — magazine

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State Department says US-India relations hit some headwinds due to Russia, BRICS

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Russian ambassador says UK prime minister doesn’t understand situation in Ukraine

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China against double standards in international law — Foreign Ministry

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Japanese government refrains from commenting on Russia’s latest hypersonic missile

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