Gazprom Seeking 10 Percent of U.S. Gas Market
Posted on Oct 9, 2009 in Markets and Competition | Comments Off on Gazprom Seeking 10 Percent of U.S. Gas Market
Speaking at the World Gas Conference in Buenos Aires, Alexander Medvedev, Director-General of Gazprom Export, said yesterday that his company hopes to secure 10 percent of the U.S. natural gas market within the next four to five years. The official noted that the company will follow the same strategy it used to grow in the U.K. gas market. He also noted that Gazprom does not believe that U.S. shale gas will wholly displace LNG in the U.S. market. Read more in the Petroleum Economist.