Gazprom Doesn't Rule Out More Rival LNG to Europe

Russian gas giant Gazprom did not rule out an increase in liquefied natural gas flows to Europe from its rivals, though Asian markets are more attractive for the fuel due to higher prices, a company official said on Wednesday.

"There is possibility that there will be more LNG supplies to Europe... however because of more interesting pricing, LNG goes to other markets, to Asian markets," Mikhail Malgin from Gazprom Export said.

"There is a potential on the market, there is place for us and our rivals," he added.