Global gas markets long-term supply outlook - Russian Federation - H2 2017
In 2017, Russia broke its export record yet again, supplying almost 190 bcm to Europe, a 12% increase on 2016 exports. This represented a 37% share of the European gas market. Russian piped exports to Europe and Turkey will remain in the 160-180 bcm range over the next 5 years as Gazprom looks to pursue market share and maintain more than 30% share of the European market. Pipeline supplies to China will start by end-2019 and ramp-up through the early 2020s reducing Gazprom’s exposure to the European market.