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Gazprom Dismisses Fears of EU Gas Apocalypse This Winter

  • Company increasing supplies to EU gas storage: Burmistrova
  • Gazprom sees no delays to Nord Stream 2 pipeline so far
Gazprom Dividend Intrigue Lingers as 2017 Net Slips on Ukraine

Photographer: Andrey Rudakov/Bloomberg

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Russia’s Gazprom PJSC is confident it will send sufficient volumes of natural gas to Europe this winter even as it faces tough transit talks with Ukraine and negotiations with Denmark over the controversial Nord Stream 2 pipeline.

The Moscow-based company, which last year supplied almost 37% of Europe’s gas, is now actively refilling storage facilities in the region to ensure stability of winter deliveries, Gazprom Deputy Chief Executive Officer Elena Burmistrova said in St. Petersburg. Ukraine last week warned of a crisis as negotiations drag on.