Gazprom offers to buy all Libya’s gas

Gazprom, Russia’s state-­controlled gas company, said on the 9 July 2008 that it was in talks to buy all of Libya’s oil and gas exports, in its latest effort to strengthen its influence over world energy markets.

It will raise concerns in the European Union that Gazprom is seeking to increase its dominance of Europe’s gas market, already set to grow as production in countries such as the UK and the Netherlands falls.

ESO: Background information http://www.europeansources.info/record/gazprom-signs-fuel-supply-deal-with-libya/

Website: Gazprom http://www.gazprom.com/

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