Russia increases gas exports to Europe and Turkey

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Russian giant Gazprom increases gas exports via pipeline to Europe and Turkey in the year to date by 9.4%, or 10.3 billion cubic meters, compared with the same period last year, Platts informs citing the Russian state-controlled company.

After a slump in July, Russian gas exports to Europe and Turkey seemed to recover in August. Since the beginning of the year supplies have got 10 billion cubic meters higher than in the same period last year.

According to Gazprom, exports to some European countries have more than doubled. Russian gas supplies to Germany rose by almost 28% year on year from January 1 to September 15, while exports to Austria were up 40% and to Denmark by a huge 222%.

"We continue to record strong demand for Russian gas in the countries along the route of the planned Nord Stream 2," Miller said.

"Nord Stream 2 is being developed in line with the schedule," he added.

While Europe remains Gazprom’s key focus, the company is still interested in the Turkish Stream project. Earlier this week Ankara has issued the first permit for the construction of the pipeline, which shows that the two countries are definitely re-launching the project.