Gazprom Supplying Gas to Europe as Contracted

September 19, 2014

 

Alexey Miller reported to Vladimir Putin that European consumers were receiving gas supplies entirely in line with contractual obligations. The total accumulated gas supplies for export exceeded the planned amount by 3 billion cubic meters by early September.

According to the Hydrometcenter forecasts, the upcoming wither in Russia will be colder than usual. In this regard, Gazprom’s prioritized activity now is gas injection into underground gas storage (UGS) facilities. The Company raised the planned amount of working gas for injection into Russian UGS facilities to 72 billion cubic meters. This is the maximum amount that will be pumped in Russian UGS facilities in the entire history of the gas industry. Now the gas storages contain 63.5 billion cubic meters of working gas. It is planned to complete the injection within the next six weeks.

Gazprom is also filling up UGS facilities in Europe. The Company has already pumped 3.8 billion cubic meters into European gas storages. Overall, it’s planned to pump 5 billion cubic meters.

The Power of Siberia (eastern route of Russian gas supplies to China) is progressing according to schedule. The negotiations have been initiated concerning gas supplies from Western Siberia to China via the western route.

Alexey Miller stressed that Gazprom was ready to meet the growing demand in the Chinese market, in the east, and in the European Union as well.

The meeting paid special attention to the regional gasification in Russia.

Logistics News

Mercuria Sues Baltic Exchange Over Freight Losses from Hormuz Closure

Mercuria Sues Baltic Exchange Over Freight Losses from Hormuz Closure

Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens

Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens

Russian Attack Hits Port Infrastructure

Russian Attack Hits Port Infrastructure

Port Snared in US-China Dispute, says Panama President

Port Snared in US-China Dispute, says Panama President

Subscribe for Maritime Logistics Professional E‑News

After Israeli interceptions, Gaza flotilla activists are taken to Crete
Sources say that the Air India CEO search has narrowed down to Singapore Air executive Kannan and insider Aggarwal.
Iraqi state news agency reports that work has begun on the Basra-Haditha pipeline.