Fresh off the news this week that Gazprom’s Nord Stream 2 pipeline secured 50 percent of its funding through loans from five European companies, the CEO of the Russian state-owned natural gas firm was positively glowing. “Today, in 2017, we are beating our 2016 record highs by around 10 percent. So we can expect new records this year and Gazprom’s European market share is poised to rise,” Alexei Miller said in an interview with Reuters. “A decrease in the North Sea gas production, as well as in other EU countries, is becoming a very important factor… Given that, Russia’s market …read more
Source: The American Interest