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Gazprom sees exports at record high in 2012

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Gazprom sees exports at record high in 2012

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Russia’s gas exports will hit a record high this year, the state-controlled monopoly Gazprom is predicting.

The company expects its sales of gas to Europe to be unchanged from last year and worth around 48 billion euros.

Gazprom is also close to completing price talks with Germany’s E.ON and RWE as well as with Polish gas monopoly PGNiG and said agreement should be reached by the end of June.

Separately, Gazprom’s deputy chief executive Alexander Medvedev said that he did not expect any problems with Greece over paying for its Russian gas imports.