Reuters: Gazprom sees 2015 exports, gas price in Europe "no worse" than this year- Deputy CEO

Russia's Gazprom expects its export volumes and average gas price in Europe next year to be "no worse" than in 2014, its deputy CEO said, shrugging off EU efforts to diversify supplies over the Ukraine crisis.

Alexander Medvedev said in an interview at the Reuters Russia Investment Summit he did not expect liquefied natural gas from the United States to make any real inroads in the European Union.

"(Next year) will be no worse than this year," Medvedev told Reuters when asked about expectations for export volumes and prices next year.

Earlier this month, Gazprom cut its export forecast to Europe for this year to 157 billion cubic metres (bcm), slightly less than the 158.4 bcm previously planned. The average price was seen at $350 per 1,000 cubic metres.
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