Wednesday, July 2, 2014

Gazprom to increase shipments via Nord Stream, Yamal-Europe if Ukraine siphons gas off - CEO

Gazprom to increase shipments via Nord Stream, Yamal-Europe if Ukraine siphons gas off - CEO


If Ukraine is siphoning off gas, Gazprom will increase shipments via Nord Stream and the Yamal-Europe gas pipelines, Gazprom CEO Alexei Miller said at a press conference on Tuesday.

"If Ukraine is siphoning off gas, then we will increase shipments via Nord Stream, and we'll load up Yamal-Europe at a maximum," he said.



Gazprom CEO Alexei Miller
Gazprom CEO Alexei Miller
"In the current period of time, we are also thinking of Gazprom pumping gas into the UGSF [underground gas storage facilities] of EU countries in order to neutralize the type of situation that could arise in the winter," Miller said, Interfax reports.

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