Gazprom expects larger natural gas exports in 2010 compared with last year, an executive of the export arm of energy giant Gazprom said on Sunday. "Naturally, we are expecting positive dynamics compared with 2009. The economy has begun to recover after the crisis but we do not expect a sharp increase in exports," Mikhail Malgin, head of the Gazprom Export department for northwestern markets, said.
Malgin said export deliveries in the first four months of 2010 were considerably higher than in the same period last year. "The first quarter [of 2010] was somewhere at the level 2008 or maybe slightly less," Malgin said. According to its financial statements, Gazprom reduced natural gas exports by 13.4% in 2009 year on year to 205.826 billion cubic meters.
