The chief executive of Russian gas giant Gazprom said yesterday he regarded Asia as a potentially lucrative market that could help diversify Russia's gas exports
Published:
6 June 2003 y., Friday
"We regard the Asia-Pacific vector as an opportunity for real diversification of Russian export gas supply, in as much as the Eastern direction is becoming a priority for the Russian gas sector," Alexei Miller told the World Gas conference here.
Gazprom, the world's largest gas producer, exported 129.5 billion cubic metres of natural gas to Europe in 2002, supplying 26 percent of overall European gas consumption. For now, Russia has only two export markets – former Russian republics and Europe.
But Miller said Russian gas would be of particular interest to China, South Korea and Japan as demand was set to grow.
Kunio Anzai, chairman of the Japan Gas Association, said on Tuesday that some studies had forecast Asian demand to grow by an annual average of four percent during the next 30 years, outpacing the world average of 2.5 per cent growth.
Šaltinis:
gulf-news.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission has today decided to close the formal investigation procedure into the agreement between Bratislava Airport in Slovakia and Ryanair after concluding that the airport operator acted as a market economy investor and therefore no advantage has been granted to Ryanair.
more »
The coffee industry of Jamaica represents one the largest earners of foreign exchange, approximately US$30 million in 2008.
more »
On January 13, 2010, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Mauritius.
more »
The World Bank's International Development Association and the International Monetary Fund have agreed to support US$1.6 billion in debt relief for the Islamic Republic of Afghanistan.
more »
The Common Agricultural Policy plays a critical role in helping farmers to deliver environmental goods and services, provided that policies are targeted in the right way.
more »
Regional Policy Commissioner Paweł Samecki will meet Croatia's Prime Minister Jadranka Kosor and members of her government in Zagreb on 25-26 January to discuss the country's preparations for accession in the context of the EU cohesion policy.
more »
The World Bank Board of Directors today approved US$20 million for the Dominican Republic in support of the Municipal Development Project, which aims to improve the technical and financial capacity of local governments.
more »
The European Investment Bank (EIB) is lending EUR 400 million to Ford Romania SA for the expansion and refurbishment of the company’s existing car assembly plant located in Craiova in the South-West of Romania.
more »
The Agriculture Council of the European Union has examined ways to improve the functioning of the food supply chain with the ultimate aim of controlling the fluctuation in prices and ensuring a more equitative distribution of the added value throughout the chain.
more »
The European Commission has today approved an application from Lithuania for assistance under the Globalisation Adjustment Fund (EGF).
more »