Gazprom seeks bigger gas market share in Europe after bumper exports | Reuters:
Russia’s Gazprom is looking to gain an even larger gas market share in Europe following record-high 2018 exports, expecting a decline in Europe’s gas output combined with rising demand, a senior manager at the company said.
Last year it sold more than 200 billion cubic meters of gas to Europe, including Turkey, while its gas market share in the region rose to more than a third.
Elena Burmistrova, in charge of the Russian company’s exports, said Gazprom would be able to offset a production decline in the European Union, mainly at the Netherlands’ Groningen, once Europe’s largest natural gas field.
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