Address by Vladimir Chizhov to the conference "Energy Dialogue: Russia – European Union. Gas Aspect"

Submitted on Thu, 04/26/2012 - 22:00

Dear Ladies and Gentlemen,

Let me start by stating the evident. The European Union is a key energy partner of our country. So it will remain for the foreseeable future, whatever change the dynamics of energy sector development in Russia and in the EU might bring, in particular with respect to diversification of markets of Russian hydrocarbons. Cooperation with the European Union in gas production, transmission and supply is one of priority areas of Russian energy policies. Today, natural gas supplies from Russia account for more than 20% of total EU consumption, making up more that 33% of total EU gas imports. On the other hand, more that 55% of Russian gas exports go to the EU.

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