Gazprom’s Miller says piped gas will always be cheaper for Europe than U.S. LNG imports
Natural gas piped from Russia to Europe will always be cheaper than importing U.S. liquefied natural gas, the CEO of Russian gas producer Gazprom Alexei Miller said on Friday.
He also said the United States will never beat Russia in gas supplies to Europe.
The company’s exports to Europe could reach 205 billion cubic metres (bcm) in 2018 or more, he said.
Source: Reuters (Reporting by Oksana Kobzeva Writing by Polina Nikolskaya Editing by Jason Neely)