MOSCOW (Sputnik) — Russian energy giant Gazprom forecasts growth in European demand for imported gas to average at least 100 billion cubic meters annually up until 2025 and then 150 billion per year by 2035, the company's CEO, Alexei Miller, said Thursday.
"According to our evaluations, Europe's demand for imported gas will grow further. Even now, imported gas as a share of European consumption has reached 50 percent. By 2025, Europe's demand for additional [gas] imports will grow by at least 100 billion cubic meters annually, by 2035 it might reach 150 billion cubic meters," Miller said at the company's annual shareholders' meeting.
Earlier in June, Gazprom's CEO announced that the company has increased its supplies to countries outside of the Commonwealth of Independent States (CIS) by 15 percent year-on-year since the start of 2016.