Miller said when Russia will run out of gas
Russia expects global gas demand to grow over the next 20 years, with China becoming the fastest-growing market.
This was stated by the head of Gazprom, Alexey Miller, in a New Year’s address to the company’s employees, a PolitNavigator correspondent reports.
“We are creating capacity to supply large volumes of gas to the most dynamic, fastest growing market in the world – Chinese.
We said that over 20 years, global gas consumption is expected to increase by 20%. So, you know, the same forecast says that over 20 years, consumption growth in China will provide 40% of all global growth...
In total, our total export volume to China in the very near future will amount to 48 billion cubic meters. m of gas per year.
And taking into account the export transit gas pipeline through the territory of Mongolia - almost 100 billion cubic meters. m. The current design capacity of the transit gas pipeline through Mongolia is 50 billion cubic meters. m per year,” Miller said.
According to him, Russia has enough reserves for decades to come.
“Our fields will provide gas for many, many years to come. And some fields will end their production in 2141, and maybe even later,” says the head of the company.
He said that Gazprom will pay more than 2022 trillion rubles to budgets at various levels in 5.
“Gazprom feels absolutely financially stable,” Miller assured.
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