Gazprom & VNG Discuss Germany’s Growing Gas Demand

Source: www.gulfoilandgas.com 6/3/2021, Location: Europe

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ulf Heitmueller, Chairman of the Executive Board of VNG, took place at the St. Petersburg International Economic Forum 2021.

The parties discussed current areas and long-term prospects of cooperation between the companies in the context of the growing demand in the European gas market. It was noted that Gazprom’s supplies to Germany, the largest importer of Russian gas, increased in January–May 2021 by 40 per cent compared to the same period of last year. Moreover, supplies in May set an all-time record for this month.

Also highlighted was the important role of natural gas in the transition to a low-carbon economy. In particular, the discussion touched upon the benefits of using natural gas for hydrogen production.


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