Paying the piper

EU-27 gas import demand is forecast to rise by 52% from 285 billion cubic metres (bcm) in 2005 to around 433bcm by 2020, according to the EU's Directorate General for Transport and Energy (DG Tren).

Some 43% of 2020 EU demand is expected to be supplied from Russia, according to Gazprom, with the cross-Baltic Nord Stream pipeline playing a vital role. In fact, Nord Stream, combined with the trans-Turkey Nabucco pipeline, is expected to make up 60% of the rise in European demand to 2020.

"These pi

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