Gazprom increased gas exports to Europe by 14 percent

Gazprom's gas sales to Europe in the first half of 2016 increased by 14.2% year-on-year, mainly due to an increase in the utilization rate of the Nord Stream gas pipeline from Russia to Europe, whose capacity was used by 70% last year. ...

The increase in the capacity of the gas pipeline and its operation is carried out with constant pipeline quality control . For these purposes, complex solutions for non-destructive testing are used, including the X-ray method using X-ray machines of the RPD series.

Gazprom increased gas supplies to Europe and Turkey by 10.6 billion cubic meters. m from 74.3 billion cubic meters. m sold in the first half of 2015. This means that in the first half of 2016, gas sales amounted to 84.9 billion cubic meters. m., which makes it possible to achieve the recently announced goal of Gazprom total exports to Europe and Turkey in 2016 165 billion cubic meters.

However, the increase in the first half of the year confirms that growth in Gazprom's gas sales in its main foreign markets stalled in the second quarter after strong growth at the beginning of the year. In the first quarter of 2016, sales to Europe and Turkey amounted to 44.4 billion cubic meters. m, according to official data from Gazprom, which was 29% higher compared to 34.4 billion cubic meters. m in the 1st quarter of 2015.

Miller also said he was confident that Russian gas would remain competitive in the European market, where demand for imported gas would grow, according to his company's estimates. He said data from 2015 showed that pipeline supplies are in higher demand than LNG in Europe.

“Nord Stream's capacity was used up to 70% in 2015,” Miller said. “In 2015, our deliveries to Germany alone exceeded the total EU LNG imports,” he added. Gazprom continues to advocate for the second Nord Stream pipeline system to increase export potential to Europe to 110 billion cubic meters. m /year.