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Gazprom says gas exports to Europe rose to all-time high in 2017

  • Russia’s gas exports to Europe rose 8.1% in 2017 to a record 193.9B cm, according to Gazprom (OTCPK:OGZPY) chief Alexei Miller, as the world’s top gas producer continued to increase sales despite rising competition from liquefied natural gas and other sources.
  • “The second consecutive year of record exports on the one hand demonstrates the rapidly growing demand of European countries for Russian gas, and on the other - its reliability to supply the required volumes,” the Gazprom chairman says.
  • Miller also says Gazprom’s total gas production rose 12.4% last year to 471B cm.

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