Days after opposition to a pipeline expansion project fell, Russian energy company Gazprom said its natural gas sales to foreign countries are up 15 percent.

Russia is one of the main suppliers of natural gas to the European economy. Gazprom, the dominant gas player, said exports during the first quarter were up nearly 20 percent for the German economy, 24 percent to Poland and 14 percent for France.

According to a review of the data by Russian news agency Tass, Gazprom gas supplies to foreign countries were up 15 percent year-over-year during the first quarter. That supports a January report from S&P Global Platts, which found European demand for natural gas accelerating against declining domestic production.

The figures from Gazprom follow a report last week from The Wall Street Journal that found European opposition to the second leg of the twin Nord Stream pipeline system through the Baltic Sea to Germany has faded. The report quoted a spokesperson for the European Commission as saying there are "no legal grounds" that would block the project because much of it is offshore.

A Polish antitrust authority last year found plans to expand Nord Stream might lead to restriction of competition because of Gazprom's dominant position in the country's gas market. Members of the European Union as a whole have been working to break Russia's grip on the energy sector on antitrust concerns.

About a week before the Journal's report. Russian President Vladimir Putin said expanding the Nord Stream pipeline was essential to offset production declines in Europe.

Gazprom started calling for tenders to lay the sections of the planned pipeline in the deep waters of the Baltic Sea in early 2016 and maintains the additional components could be in service at some point in 2019.

Tweet

Fourth quarter revenue down for Norway
Washington (UPI) Apr 3, 2017
A snapshot of total revenue for Norway, one of Europe's lead oil and gas suppliers, revealed declines for the fourth quarter, the government reported. Norway sends nearly all of the oil and natural gas produced offshore to the European market, making it one of the region's leading suppliers outside of Russia. The European economy last year grew at a slow pace while crude oil prices stru ... read more

Related Links
All About Oil and Gas News at OilGasDaily.com

Thanks for being here; We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor $5 Billed Once credit card or paypal		SpaceMediaNetwork Monthly Supporter $5 Billed Monthly paypal only