Global Markets

European customers looking to buy more Russian gas – Gazprom CEO

European buyers of Russian gas are discussing substantial increases in the volumes they purchase, Gazprom Chief Executive Alexei Miller has said
By Staff reporter 4 October 2018 0 32794

European buyers of Russian gas are discussing substantial increases in the volumes they purchase, Gazprom Chief Executive Alexei Miller told a plenary session at the St Petersburg International Gas Forum this week.

“Our partners, notably OMV, are holding talks with us and are stating their intentions to buy even more gas from us. These figures are very substantial. This new framework shows that the gas market has developed into a sellers’ market. It’s the same situation as several years ago,” Miller said.

Gazprom estimates...