Gazprom’s European Gas Exports Rise to Record as Price Reduced
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OAO Gazprom, which provides about a quarter of Europe’s natural gas, increased exports to the region and Turkey to a record this year as customers won price reductions and colder weather boosted demand.
Supplies rose 16 percent to 161.5 billion cubic meters in 2013, excluding volumes traded by the Moscow-based company’s European units, Gazprom Export said today in an e-mailed statement, citing preliminary data. The previous record was 160 billion cubic meters in 2008, according to the company’s 2012 financial report.