20:51 GMT +323 July 2018
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    Russia to Exert Biggest Influence on UK Gas Imports in Coming Decades

    © RIA Novosti . Ilya Pitalev
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    Russia will stay the main importer of the continental gas imports to the United Kingdom until 2050, a report by the UK gas and electricity company National Grid revealed.

    MOSCOW (Sputnik) — Russia will have the biggest influence on continental gas imports to the United Kingdom, as the potential for increasing Russian gas exports to Europe will continue until 2050, a report by the UK gas and electricity company National Grid revealed.

    "We believe that the biggest influence on future imports from the continent to GB [Great Britain] will be Russian gas. Russia currently has significant potential to increase exports to Europe. There is additional production which could be made available to the market if required and sufficient capacity is available in existing infrastructure to deliver this. Our assessment is that this potential for increasing exports of Russian gas continues out to 2050," the report titled Future Energy Scenarios 2016 reads.

    The analysis suggests that in 2035 there could be the potential for 47 billion cubic meters of additional exports of Russian gas to north-west Europe.

    In late June, Gazprom Deputy Chairman Alexander Medvedev said the Russian energy giant was considering increasing gas supplies to the United Kingdom by 8-12 billion cubic meters a year. Medvedev added that the company was examining the possibility of boosting supplies by either branching out the Nord Stream pipeline or using existing infrastructure.

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    electricity, import, gas, United Kingdom, Russia
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