Gas production decline in Europe plays into the hands of Gazprom

Gas production decrease in Europe causes a growth of gas supply by “Gazprom”, deputy chairman of the Board of Management of the company A.Medvedev states.

He said, even if gas consumption in the European countries did not increase, still gas production decrease in Europe will contribute to an increase of gas supply by Russia by 80 billion cubic meters. It is difficult to define the period of gas production decrease in Europe so far. It might be 2025 or 2030.

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