Gazprom plans to become global energy leader

Russia’s energy giant Gazprom said Tuesday it plans to become the world’s largest energy company.

Alexander Medvedev, general director of Gazprom Export, said the energy giant’s transition to the principle of equal prices from 2011 will facilitate this task.
“It is not enough for us simply to meet 25% of global gas consumption. We want to become the largest energy company,” Medvedev told the fifth All-Russian forum on the fuel and energy sector in the 21st century.

Medvedev said Gazprom will diversify its operations to achieve this goal and add oil, oil refining and electric power to its natural gas component.

RIA Novosti