Gazprom gives winter supply forecasts amid price spikes in pipeline natural gas and LNG from Europe to Asia
Russian natural gas company Gazprom has repaired pipelines and facilities nationwide in preparation for an increase in Russia’s winter supplies to domestic and foreign customers as prices for pipeline natural gas and LNG stay at very high levels.
Gazprom expansion
Nov 27 (LNGJ) - Russian natural gas company Gazprom, the main competitor to LNG imports in Western Europe, said it was expanding its domestic market and has built 9,830 kilometres of gas pipelines under the latest four-year infrastructure programme, enabling the supply of gas to 1,358 new localities.
“Accordingly, the gas penetration rate in Russia will grow from 66.2 percent (as of the beginning of 2016) to 71.4 percent by January 1, 2021. The rates of gas grid growth in rural areas will be 2.6 times higher than those in cities and towns,” explained Gazprom. The next building programme through 2025 will entail the construction of 24,400 kilometres of gas pipelines to supply 3,632 more localities.
Gazprom attempts to resolve issue of ownerless gas networks and pipelines around Russia
Gazprom of Russia, the world’s largest natural gas company and a main pipeline supplier to Western and Central Europe, is facing a phenomenon dating from the collapse of the Soviet Union 28 years ago and economic upheavals and difficulties that followed and that is what to do with “ownerless” gas facilities and networks around the Russian Federation.
