On EU Gas Directive
Potential changes to the EU Gas Directive proposed by the European Commission may hurt EU investment climate and economy competitiveness, Medvedev said.
"The initiative of the European Commission [is] to place some Energy Package to existing and planned gas pipelines outside the European Union. Probably that’s how Brussels just tries to block the Nord Stream 2 construction for political reasons but groundless changing of the rules in the European Union will have not just [leave] Russian gas or Gazprom [affected], it can ruin the investment climate of the entire European gas industry and significantly reduce the competitiveness of the European economy," he told reporters.
The deputy chairman added that Gazprom was pushing for honest decision-making with consideration of production and ecological aspects for the benefit of European citizens.
Nord Stream 2 is a joint venture of Russia’s Gazprom with France's Engie, Austria’s OMV AG, UK-Dutch Royal Dutch Shell, and Germany's Uniper and Wintershall. It aims to deliver 55 billion cubic meters of Russian natural gas a year to the European Union across the Baltic Sea to Germany, bypassing Ukraine. The pipeline is expected to be launched in 2018.
On Export to EU
Russian oil giant Gazprom's gas export to the European Union is expected to be lower by 3 percent in January 2018 compared to the same month last year due to warm weather, Medvedev said.
"Demand factors will support a level of export of around 190bcm per year, although it is obviously influenced by weather factors," he added.
In early January, Gazprom CEO Alexey Miller said that the company had boosted gas exports to Europe in 2017 by 8.1 percent year-on-year to 193.9 billion cubic meters.