Supply & Demand

Gazprom plans up to export 164 bcm to Europe in 2012

Gazprom expects to increase gas supplies to the EU to 151-152 billion cubic metres in 2011, the deputy head of Gazprom export, Sergei Chelpanov, said during a conference call on Wednesday.
By Staff reporter 10 November 2011 0 1782

Gazprom expects to increase gas supplies to the EU to 151-152 billion cubic metres in 2011, the deputy head of Gazprom export, Sergei Chelpanov, said during a conference call on Wednesday.

Gas consumption is waning somewhat in Europe, but this does not apply to Russian gas, Chelpanov said. "Our [own] exports in the nine months were significantly higher than in 2010," he said.

At the start of the year, Gazprom forecasted exports to non-CIS countries would amount to 151 bcm this year, but a positive export trend...