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Gazprom to increase gas supplies to UK

Publish date: May 15, 2006

British gas company Centrica confirmed the fact of negotiations with the Russian gas monopoly Gazprom, aimed to make a long term contract on Russian gas supplies.

British Centrica is looking for new perspective gas suppliers, as its main gas field to be depleted in the nearest future. Gazprom can become such a supplier, RusEnergy reported.

Nowadays Gazprom supplies Britain with 2% of gas via continental gas pipelines, but the company intends to increase its supplies by 20%. The goal can be achieved if Gasprom sells gas to Great Britain on basic of long term contracts. Another way to achieve this goal for Gasprom is to buy a gas distribution company in the UK.

“We are in the process of preliminary negotiations with various companies, including Gasprom, as we are oriented to the level of needs we will have in a couple of years”, a representative of Centrica said.

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