Moscow — Russian energy giant Gazprom expects to strengthen its position in Europe’s pipeline gas market and does not see an additional influx of sea-borne liquefied natural gas to the region, a company manager said on Friday.
Gazprom accounts for more than a third of gas sales in Europe.
Speaking at an online conference, Kiril Polous, in charge of Gazprom’s long-term development programmes, also said a decline in Europe’s own gas production was one of the reasons behind surging natural gas prices.
– Reuters (Reporting by Vladimir Soldatkin and Oksana Kobzeva Editing by Mark Potter)
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