In 2019, Gazprom’s
export to non-CIS countries amounted to 199.3 bln cubic meters of gas.
VIENNA, January 28.
/TASS/. Russian gas giant Gazprom plans to maintain gas exports to non-CIS
countries at the level of previous years, head of Gazprom Export, Elena
Burmistrova said speaking at the European Gas Conference.
"In 2019,
Gazprom’s export to non-CIS countries amounted to 199.3 bln cubic meters of
gas, taking into account 382 mln cubic meters delivered to our new destination
- to China ... One thing is clear - Gazprom was and remains the largest
exporter of natural gas in Europe and the world. In the mid-term, we expect
export to Europe to remain at the level that has been achieved over the past
years with adjustments that are related to weather conditions,"
Burmistrova said.
According to her,
despite the growth of LNG supplies to Europe, Gazprom's gas exports only
slightly decreased from the record level of 2018.
"Some people
think that liquefied gas is more competitive than pipeline gas. You can often
hear that LNG is pushing Russian pipeline gas out of the European market,"
Burmistrova said.
She noted that the
main shortcoming of LNG, is its "limited ability to quickly meet demand
during peak periods of consumption."
"Therefore, for
Europe, we continue to rely on pipeline gas, which will provide stability and
reliability along with contract flexibility. In this region, pipeline
deliveries are simply a more profitable solution," she concluded.
Source: ITAR-TASS
28-01-2020
