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Russia’s Gazprom Enters USA Natural Gas Market!

Gazprom had two big goals in the American market. The first (1st) goal was the LPG market in America. They have already accomplished that goal. Once that happened they started to push for the second (2nd) goal. The Russian entry into the the American Natural Gas market. Gazprom as of October 2nd has accomplished the second goal… (Why?)

Because: The USA is the largest consumer of gas in the world: 668 billion cubic meters in 2008 – more than in whole Europe and twice as much as in Russia. The USA makes about 583 billion cubic meters of gas itself, imports 75 billion via pipelines from Canada and imports 10 billion of liquefied gas. (Link)(Link)

Tidbit of information to make you go Hummmm….

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