Gazprom eying French markets
11-06-08 Russia's natural gas giant Gazprom is looking at becoming an energy carrier to France, Gazprom head Alexei Miller told.
"We seek to become suppliers of energy carriers to France," he told. He stressed Gazprom was interested in the entrepreneurial aspects of the French market.
"The establishment of direct trade relations with local businessmen provides the best guarantees of the safety of deliveries," he said.
Gazprom holds only a 1 % market share in the French gas sector, but the company "intends to consolidate its positions" in the gas and electric sector, a report said.
Miller said Gazprom produced 7 bn cf of gas in first four months of 2008 and expects to boost total production by 20 tn tons by 2010.
Source: www.upi.com