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    RT: Russia's gas status quo in Europe won’t be affected by new suppliers

Summary

Vagit Alekperov, President of Russian oil giant Lukoil, says new natural gas suppliers to Europe won’t affect Russia’s status quo due to existing infrastructure and flexible pricing.

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Press Notes

RT: Russia's gas status quo in Europe won’t be affected by new suppliers

New natural gas suppliers to Europe won’t affect Russia’s status quo due to existing infrastructure and flexible pricing, the president of Russian oil giant Lukoil told RT in an interview. He also revealed country’s Middle East expansion plans.

“Gazprom will retain its share on the European market thanks to the infrastructure it has set up over decades and the flexible pricing policy”, said Vagit Alekperov.

Also, he believes that producers and consumers have“struck a delicate balance between profits and a comfortable price tag.”   MORE