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Gazprom sees Europe gas use up 70 bcm by 2020

February 4, 2010

MOSCOW, Feb 4 (Reuters) – Russia’s gas export monopoly Gazprom (GAZP.MM) expects Europe’s natural gas consumption to rise by 70 billion cubic metres by 2020, an executive said on Thursday.

“We are not that pessimistic about gas demand in Europe,” Sergei Komlev, head of contract strategy at Gazprom Export told the Troika Dialog Forum. He also said Gazprom expects European gas demand to increase by another 40 bcm by 2030.

 

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