Gazprom's management believes that the company will be able to export 250bn cubic meters of gas before 2020, Deputy CEO of the Russian energy holding Alexander Medvedev said during a conference on energy security in Europe Sunday.

He pointed out that, under existing agreements, Gazprom's share in gas exports to Europe could go up from 26 percent to 33 percent. Medvedev also noted that it was not logical for the company to switch to setting the price for supplies under long-term contracts on the basis of the market price.
He explained that situations similar to the gas crisis with Ukraine could result in speculative play and, therefore, speculative prices on gas.
Medvedev also stated that in the long term only Russia, Iran and Qatar could secure the growing demand for gas in Europe, and, therefore, gas supplies could not be diversified.
(Source: rbcnews.com)