Europe will rely on Russia for record imports of natural gas this year as domestic production plunges following the crash in oil and gas prices, said Gazprom boss Alexei Miller. Russian state-backed Gazprom, Europe’s largest supplier of gas, was responsible for almost a third of European gas demand last year, and Mr Miller said the gas giant will export even more to European buyers in 2016 as North Sea production dwindles. Gazprom’s largest European customers are in Germany and the Netherlands, countries closely connected to the UK gas grid through two major pipelines.
Telegraph 16th June 2016 read more »