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Gazprom seeks 30 percent of European market

Publish date: March 30, 2006

The target was cited in an export strategy document that management presented for approval at a meeting of Gazprom’s state-controlled board, BarentsObserver reported. The world’s largest gas producer has previously said it would only try to maintain its existing share in the growing European market and try to expand in Asia and the United States, mostly by supplying liquefied natural gas.

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Open Letter: Urgent Call to Action – Ensure the Net Zero Industry Act CO2 Storage Injection Capacity Target protects EU industrial decarbonisation efforts and a Just Transition for All

Safeguarding the chapters on CCS in the NZIA are crucial, so says the 23 co-signatories to our letter sent to EU Member States and European Parliament. The NZIA is a golden opportunity to ensure appropriate development of much-needed CO2 storage capacity, enabling industrial decarbonisation and a Just Transition by the retention of important welfare-carrying jobs in the harder-to-abate sector, while at the same time ensuring the proportionate contribution of Oil and Gas companies.

Europe’s Hydrogen Journey: It’s Time to Move from Hype to Prudent Planning 

Overall, the target setting in the EU is an example that other regions of the world should follow in terms of creating demand for hydrogen in the right sectors, while backing it up with the renewable generation deployment to meet the demand from the electrolysers. However, the supportive landscape that could ensure targets are met is largely missing, leaving the EU strategy towards hydrogen use ambiguous and thus less effective. 

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