Gazprom assures Germany of stable gas supplies in future

Conferences

The head of Gazprom assured German consumers Wednesday that they could continue to count on the Russian energy giant for stable natural gas supplies.

Gazprom has always been a reliable partner of VNG and Germany, and I want to assure you that it will be so in the future,” Alexei Miller said at an event to mark the 50th anniversary of Germany’s largest gas distribution company, VNG.

German Chancellor Angela Merkel was expected to address the celebration, which gathered guests from Germany and its partners, including Russia, France, Norway and Britain. Miller said safe and reliable energy supplies had always been central to Gazprom. “Energy security is a bilateral thing. This means there should be both a reliable supplier and a reliable consumer,” the businessman said, referring to Germany, Russia’s largest gas importer.

Gazprom and VNG first started working together 35 years ago. Despite the close ties in the energy sphere, there have been tensions of late between Moscow and Berlin over Russia’s decision to recognize the independence of Abkhazia and South Ossetia, with Merkel describing the move as “totally unacceptable.” (RIA Novosti)

ADVERTISEMENT

Századvég raises GDP forecast to 7.8% Analysis

Századvég raises GDP forecast to 7.8%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New editor-in-chief at Betone Studio Appointments

New editor-in-chief at Betone Studio

BFK developing regional cycling strategy City

BFK developing regional cycling strategy

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.