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Russia: Share of European gas market increased to 34 percent - Gazprom CEO01:06

Russia: Share of European gas market increased to 34 percent - Gazprom CEO

Russian Federation, Moscow
January 20, 2017 at 17:10 GMT +00:00 · Published

“Gazprom's share of the European gas market increased by three percent, up to 34 per cent in just one year,” said Gazprom's CEO Alexei Miller during a meeting with Russian President Vladimir Putin in Novo-Ogaryovo, Moscow region, Friday. Miller added that Russia “achieved record volumes of gas deliveries abroad in 2016, an increase of 12.5 percent.”

According to the Gazprom CEO “those are historic numbers” which were never reached before during the Soviet times or in recent Russian times.

Miller explained that the reason for such a great performance is great dynamism in Gazprom's biggest market – the German market. He said that the market alone “increased up to four and a half billion cubic meters of gas. We supplied 49.8 billion of cubic meters to Germany, that is 10 per cent more.”

Russia: Share of European gas market increased to 34 percent - Gazprom CEO01:06
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“Gazprom's share of the European gas market increased by three percent, up to 34 per cent in just one year,” said Gazprom's CEO Alexei Miller during a meeting with Russian President Vladimir Putin in Novo-Ogaryovo, Moscow region, Friday. Miller added that Russia “achieved record volumes of gas deliveries abroad in 2016, an increase of 12.5 percent.”

According to the Gazprom CEO “those are historic numbers” which were never reached before during the Soviet times or in recent Russian times.

Miller explained that the reason for such a great performance is great dynamism in Gazprom's biggest market – the German market. He said that the market alone “increased up to four and a half billion cubic meters of gas. We supplied 49.8 billion of cubic meters to Germany, that is 10 per cent more.”

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