U.S. shale gas exports to hit Gazprom revenue, study says – Gazprom OAO ADR (OTCMKTS:OGZPY) | Seeking Alpha

Russia’s Gazprom (OTCPK:OGZPY) could lose 18% of its revenues as a result of competition from U.S. liquefied natural gas exports, according to an analysis by the Center for Global Energy Policy at Columbia University.While the loss would be significant for Gazprom, the study says the impact on Russia’s total export revenues would be more modest, suggesting that U.S. gas exports may not prove an effective tool in forcing policy change from the Kremlin.The analysis also concludes that Europe probably will remain a large consumer of Russian gas, so will need to strengthen its energy infrastructure to cope with potential supply disruptions.

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