Arab Today, arab today gazprom touts european track record
Last Updated : GMT 13:22:36
Arab Today, arab today
Arab Today, arab today

Gazprom touts European track record

Arab Today, arab today

Arab Today, arab today Gazprom touts European track record

Moscow - UPI

Russian natural gas company Gazprom said it increased its market share last year in the European Union by 4 percent. Alexei Miller, the top executive at Gazprom, told shareholders during their annual meeting the company was \"on top of the world\" in terms international energy companies. Contracts in 2011 with European consumers were posted at 5.2 trillion cubic feet, an 8.2 increase over 2010 levels. Miller said this meant Gazprom held 27 percent of the European market share in 2011, a 4 percent increase over the previous year. Russia sends a significant part of that market share through a gas transit network in Ukraine. Bilateral spats in 2009 exposed vulnerabilities in Gazprom\'s export routes, prompting a push to diversify the regional energy sector. Europe is pushing ahead with its Southern Corridor, a network of pipelines meant to break the Russian grip on the regional energy sector. Gazprom, meanwhile, is sending gas through its Nord Stream pipeline through the Baltic Sea while pressing its partners to embrace South Stream, a pipeline meant for southern Europe. Miller said his company was a reliable energy partner, noting gas reserves reached a record 254 trillion cubic feet. In terms of gas production, Miller said production from one conventional natural gas field in Russia was comparable to the entire shale natural gas potential of the United States, considered the world leader in shale reserves.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today gazprom touts european track record Arab Today, arab today gazprom touts european track record

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today gazprom touts european track record Arab Today, arab today gazprom touts european track record

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday