Gazprom Claims Gas Demand in Europe is Growing

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Gazprom Claims Gas Demand in Europe is Growing

GAZPROM CLAIMS GAS DEMAND IN EUROPE IS GROWING

Date: 25/04/2011

Source: novinite.com

Gazprom Claims Gas Demand in Europe is Growing

The demand for gas in Europe has marked new records, according to an announcement by Russian gas giant Gazprom.

"The European gas marked is breaking all records. During this April Gazprom will have to fulfill deliveries that are larger than those for some winter months," stated company CEO Alexei Miller.

The Gazprom CEO added that he expects those records to be broken again within 2011, according to Russian agency RIA Novosti.

The Russian company expects December long-term contract prices for natural gas to be around USD 500 per 1,000 cubic meters.

Topic: Economy