President of Russia
  • Events
  • Structure
  • Videos and Photos
  • Documents
  • Contacts
  • Search
  • Search this website
President of Russia
Mobile version

President's
website
sections

  • Events
  • Structure
  • Videos and Photos
  • Documents
  • Contacts
  • Search
  • Search
  • For the Media
  • Subscribe
  • Directory
  • Version for People with Disabilities
  • YouTube Channel
  • Русский

President's
website
resources

  • President of RussiaCurrent resource
  • The Constitution of Russia
  • State Insignia
  • Send a Letter
  • Vladimir Putin’s Personal Website

Special
animal welfare
projects

  • Amur tiger
  • Beluga whale
  • Polar bear
  • Snow leopard
  • Far Eastern leopard

Legal
and technical
information

  • About website
  • Using website content
  • Personal data of website users
  • Contact website team

All content on this site is licensed under

Creative Commons Attribution 4.0 International

Presidential Executive Office2023
Events

Excerpts from the Transcript of Meeting with Chairman of the Board of Gazprom Alexei Miller

September 14, 2006
15:11
Bocharov Ruchei, Sochi

Alexei Miller: We have 100 percent fulfilment of our contractual obligations. This year, Gazprom will export a total of around 151 billion cubic metres of gas.

Vladimir Putin: That’s a little less than last year?

Alexei Miller: It’s more than last year. We are seeing very good growth in demand for gas in Europe. Consumption is on the increase there and we forecast an annual increase in demand of 3 billion – 4 billion cubic metres and perhaps even more.

Vladimir Putin: 151 billion tons go to the export market, but how much is supplied to the domestic market?

Alexei Miller: The domestic market is bigger – 290 billion cubic metres of gas.

Vladimir Putin: Twice as big as the export market?

Alexei Miller: Yes, that’s right.

Vladimir Putin: Let’s come back to structural projects.

Alexei Miller: As a global company, Gazprom has a global strategy of diversifying its transport routes in accordance with market demand, above all in our traditional markets.

Europe is our principal market. This was the case in the past and it remains so today. In accordance with the increased demand we are seeing in northern Europe, we are now carrying out a major project – the construction of the North European Gas Pipeline. This is one of the biggest investment projects currently underway in Europe. Construction has already begun on the land-based section of the pipeline and construction of the undersea section will begin in 2007. Gas will be delivered through the pipeline to Germany in 2010. Work is going ahead strictly to schedule and there is no doubt that we will complete the project within the planned deadline.

Vladimir Putin: Have you settled the environmental problems?

Alexei Miller: We are settling all these issues. We are working very closely with all the Baltic region countries and we see that the environmental concerns raised by the pipeline project are now being resolved. We will, of course, take into account all the environmental safety requirements for the construction of an undersea pipeline such as this.

Vladimir Putin: You need to look at the possibility of building a branch pipeline to deliver gas to Kaliningrad Region.

Alexei Miller: Yes, we will do this.

Vladimir Putin: What about new routes to southern markets?

Alexei Miller: Regarding transport routes to other markets, we have begun studying the possibility of building new gas transport capacity to deliver gas to southern markets, in particular Turkey, Greece and Italy. This would also concern European countries such as Bulgaria, Romania, Hungary and Austria. We are looking at the possibility of building a new pipeline, Blue Stream 2, which would increase gas transport capacity via the Black Sea.

Turkey is not currently a transit country for Russian gas. We deliver gas to Turkey, but we see that demand is rising in countries such as Greece and Italy, and so we are working on projects to increase gas supplies to these three markets. We are currently engaged in talks with our Italian and Greek partners. We are also looking at the possibility of increasing gas supplies to Romania, Hungary and Bulgaria and we have established a project company together with MOL to work on this option. This company will carry out the feasibility studies for this route during the course of this year. We are also examining the possibility of building a gas pipeline to deliver gas to Israel. This would be an undersea pipeline taking gas from Turkish territory to Israel. We expect the Israelis to make a final decision very soon on their possibilities for buying Russian gas.

Another big project Gazprom is currently working on is the Altai Project. We are currently carrying out the investment feasibility studies and are holding commercial talks with our Chinese partners. We expect these talks to be completed by the end of the year, and then we will agree on the basic contract terms for gas supplies to China.

Publication status

Published in section: Transcripts

Publication date: September 14, 2006, 15:11

Direct link: en.kremlin.ru/d/23794

Text version

Text

Share
Direct link
http://en.kremlin.ru/events/president/transcripts/23794
Share
  • VK
  • LiveJournal
  • Send by email
  • Print
Send by email

Official Website of the President of Russia:

Excerpts from the Transcript of Meeting with Chairman of the Board of Gazprom Alexei Miller

http://en.kremlin.ru/events/president/transcripts/23794

Last updated at March 20, 2015, 18:00

Официальные сетевые ресурсы

Президента России

Official Internet Resources

of the President of Russia

Русский Английский
  • For the Media
  • Version for People with Disabilities
  • Telegram channel
  • YouTube Channel
  • State Insignia
  • Send a Letter
  • Vladimir Putin’s Personal Website
  • Putin. 20 years

Presidential Executive Office
2023