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Thursday, November 8, 2012

''Gazprom turns its attention eastwards''

From Russia & India Report

''Gazprom is planning to invest more than $38 billion to build new production capacity in order to enter the fast-growing Asia-Pacific market. The company also plans to build a liquefied natural gas (LNG) plant in Vladivostok.

The state-owned gas monopoly is keen on this substantial investment to gain a share in the burgeoning premium market of the Asia-Pacific Region, Gazprom CEO Alexey Miller said during a meeting with President Vladimir Putin this week.''

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