Gazprom Has No Plans for Gas Pipeline to Japan

Gazprom currently has no plans to deliver gas to Japan via pipeline, CEO Alexey Miller said, Russia’s TASS reported Tuesday.

Miller was reacting to the question whether the proposal by Tokyo Gas to come back to negotiations on Russia’s pipeline to Japan is topical.

"If the issue is about pipeline supplies of natural gas for export from Russia’s Far East no doubt China is our top priority among biggest gas consumers. We’re not studying other variants at the present moment," TASS quoted Miller as saying.

He however highlighted about the growing attractiveness of Asian market for suppliers.

"Premium to the European market is now already $53 per tonne of LNG according to the Eastern Asian price index," Miller added.

In May Tokyo Gas proposed coming back to negotiations on a gas pipeline from Russia to Japan.