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Our World in 2018

Leading minds reflect on the state of our societies, and examine the challenges that lie ahead. An edition dedicated to generating ideas that will help form a new vision for our world.

Leading minds reflect on the state of our societies, and examine the challenges that lie ahead. An edition dedicated to generating ideas that will help form a new vision for our world.

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ENERGY & CLIMATE

A thermoelectric power station emits smoke in front of

the main building of Moscow State University, as the air

temperature in the Russian capital fell to minus 13 degrees

Celsius in Moscow, Russia, 03 February 2017. EPA-EFE/SERGEI ILNITSKY

Russian gas in Europe: new highs

and political intrigues

By Konstantin Simonov

Gas exports by Gazprom to

Europe and Turkey in 2017

were again successful. The

R

these positive results for propaganda

purposes. Yet, challenges are

growing, and a new high is unlikely

to be recorded. Besides, there will be

the Nord Stream-2 project.

According to the data Gazprom

posted in January 2018, last year

the company supplied 193.9 bcm of

natural gas to countries outside the

CIS. It was 14.6 bcm (8.1%) higher

than the previous maximum reached

in 2016. In 2016 Gazprom increased

gas exports to countries outside the

CIS by 12% to 179 bcm compared

to 2015. Gazprom achieved two

absolute highs for two years in a

row, which is impressive on the

background of permanent anti-

Gazprom propaganda in the West

and among some Russian experts

claiming that Europe does not need

gas of Gazprom. According to our

calculations, some 170 bcm of Russian

gas was delivered to the European

Union in 2017, which was 16 bcm

more than in 2016. Reverse supplies

from Europe to Ukraine rose just by

3.1 bcm. Therefore, net exports of

Russian gas to the EU advanced by

approximately 13 bcm. Increase was

almost equally distributed between

Northwestern Europe (deliveries

through Germany) and Southeastern

Europe (transit via Ukraine).

Competitors of Gazprom also

demonstrated good results in Europe.

Norway added 7.6 bcm (6.8%). LNG

98 2018 | OUR WORLD

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