Gazprom Seeks Gas Sales in Asia to Diversify From Europe

Oil and Gas Investing

SF Gate reports that OAO Gazprom (MCX:GAZP) is looking for sales agreements with India, China and South Korea to diversify from the European export market.

SF Gate reports that OAO Gazprom (MCX:GAZP) is looking for sales agreements with India, China and South Korea to diversify from the European export market.

The market news is quoted as saying:

Gazprom, the world’s biggest gas producer, signed preliminary agreements with three Indian companies for liquefied natural gas this month, while failing to reach an agreement on pipeline supplies with China National Petroleum Corp. before Chinese President Hu Jintao’s visit to Russia.

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