Daily Archives: Wednesday September 11th, 2013

Russian Gas business is in danger

Nowadays there are following world gas market tendencies:

  1. Decreasing of Russian gas demand in Europe. It is well known that nowdays The USA has activated the shale gas production. The result of this activation is LNG (Liquefied natural gas) purchase decreasing by The USA and LNG moving to Europe. The result of this moving is decreasing of Russian gas demand in Europe. The Russian portion on the European gas market decreased from 25% to 22%. However, European LNG import generally increased to up 22%.