In 2013 share of Gasprom at European market increased up to 29.9%

In 2013 share of Gasprom GAZP+1.79% at the European market increased from 26% in 2012 to 29.9%, reads the Russian holding’s presentation of the Euro bonds.

According to the holding, in 2013 gas consumption at the European market totaled 541 billion cub.m. (reduction by 1%)  and Gasprom’s deliveries increased by 16.3% up to 161.5 billion cub.m. Gas import by Europe dropped to 0.6% to 253 billion cub.m. and Europe’s gas production by 1.4% to 288.1 billion cub.m. 

In 2012 Gasprom’s share at the European market dropped from 27% in 2011 to 26% and in 2010 it was 23%. Gasprom expected growth of the share up to 30% in 2020 and up to 32% in 2030. Algeria is on the second place after Gasprom on the gas deliveries to Europe and it reduced gas export to Europe by 18.5% to 37.9 billion  cub.m. and Qatar is on the third place (it reduced the deliveries by 20.7% to 24.8 billion cub.m.). 

In 2014 Gasprom expects gas export to Europe to be equal to 2013 – 161.5 billion cub.m. or as minimum not below 150 billion cub.m. 

In 2013 Gasprom’s deliveries to Europe increased by 16% up to 161.48 billion cub.m. of gas, average price of deliveries was $380 per 1000 cub.m. (reduction by 5.5%). In 2014 Gasprom’s budget is based on the average price for gas export to Far Abroad at $372 per 1000 cub.m.

In 2013 Gasprom Export exported 127.05 billion cub.m.  of gas to Western Europe, up 20% against 2012. The gas deliveries to Central Europe totaled 34.43 billion cub.m. (growth by 4.4%). In 2013 Gasprom’s production increased by 0.1% up to 487.4 billion cub.m.—0---