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Russia’s Gazprom market share in Europe rises to 30% in 2013
1prime ^ | 02/17/14

Posted on 02/18/2014 5:51:38 AM PST by Freelance Warrior

MOSCOW, Feb 17 (PRIME) -- The European market share of Russian gas giant Gazprom increased to 29.9% in 2013 from about 26.0% in 2012, the company said in a statement seen by PRIME on Monday.

The consumption in the region fell 1% to 541 billion cubic meters while Gazprom’s supplies grew 16.3% to 161.5 billion cubic meters. European countries’ gas imports fell 0.6% to 253 billion cubic meters and their own output fell 1.4% to 288.1 billion cubic meters.

Gazprom expects to keep the amount of exports flat at 161.5 billion cubic meters or at least at 150 billion cubic meters in 2014.


TOPICS: Business/Economy; Foreign Affairs; Russia
KEYWORDS: energy; europe; gazprom; marketshare; naturalgas; russia
"The Vedomosti" newspaper also quotes the recent Gazprom eurobonds issue presentation that the main growth factors were Germany (+21%), Italy (+68%), and the UK (+53.8%)
1 posted on 02/18/2014 5:51:38 AM PST by Freelance Warrior
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