NEWSWATCH: “Gazprom gas exports to Europe rise 8% to new record” – Financial Times/ Henry Foy

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“Russia’s gas exports to Europe rose 8.1 per cent last year to a record level of 193.9bn cubic metres (bcm), the company’s head said … as the world’s largest gas producer continued to increase sales despite rising competition from LNG and other sources. Gazprom … has a monopoly over Russia’s gas pipelines to Europe [and] has been forced to reduce its prices as EU countries invest in terminals to import liquefied natural gas (LNG) from suppliers such as Qatar, while the US has also started shipping gas to Europe. …”

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