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Gazprom Says Gas Trends So Far This Year Back Up Export Forecast

OAO Gazprom Chief Executive Officer Alexey Miller said trends so far this year bare out the biggest natural-gas producer’s prior forecast that exports will recover to 2011 levels amid colder-than-usual March weather in Europe.

“If the trend that we have seen since the beginning of the year continues, I think that our forecast is realistic,” Miller said. “There is still lots of time ahead. We will see how the market will act. So far the trends are very favorable for gas.”