Gazprom, E.ON Ruhrgas expect higher demand for Russian gas in Europe

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Russia's gas export monopoly Gazprom and Germany's E.ON Ruhrgas, one of Europe's biggest customers for gas from Russia, expect European demand for Russian gas supplies to grow, Gazprom said on Tuesday.

Russia's gas export monopoly Gazprom and Germany's E.ON Ruhrgas, one of Europe's biggest customers for gas from Russia, expect European demand for Russian gas supplies to grow, Gazprom said on Tuesday.

Gazprom head Alexei Miller and E.ON AG board chairman Johannes Teyssen held a working meeting in Moscow on Tuesday to discuss bilateral energy cooperation, Russian gas supplies to Germany and the prospects of the development of the European gas market.

"The participants in the meeting agreed that the demand for Russian gas supplies to Europe will only increase in the future," Gazprom said in a statement.

E.ON Ruhrgas AG is Gazprom's partner on the construction of Nord Stream, a pipeline designed to pump gas from Siberia to Europe under the Baltic Sea, bypassing East European transit countries. The companies plan to launch the first branch of the pipeline in October.

MOSCOW, April 5 (RIA Novosti)

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