Interviews
Interview by Alexey Miller with TV Rossiya 24
“There is no doubt that the project [South Stream] kick-started the economic growth not just in Serbia, but within the whole region, ‘cause it means massive investments. Over EUR 1.5 billion will be invested in the Serbian section. 422 kilometers of main pipelines will be laid along with compressor stations and branch pipelines to adjacent countries. Serbia will become the European center of gas transit, storage and distribution. This will result in the absolutely different geo-political status of the region.”
Interview by Alexey Miller with TV Rossiya 24
“We are very skeptic about shale gas. We don’t face any risks. Firstly, the United States still suffers gas deficiency. Secondly, we aren’t currently aware of any project showing profitability of shale gas wells. Absolutely all wells are unprofitable. It is sometimes treated as a ‘soap bubble’ to burst soon. We have the same technologies as well. Gazprom, for instance, produces gas from the Kuzbass coal beds. The USA is evidently the biggest gas market because it consumes more gas than any other country. According to the experts’ assessments, shale gas production volumes just correspond to natural gas production decline in the United States.”