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  Tuesday, November 19, 2019
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Gazprom will post exports of $33 billion this year
Gazprom will post exports of $33 billion this year, and is looking to up its capitalization by 50% in the next few years, the natural gas giant's deputy board chairman said Monday. Alexander Medvedev said Gazprom did not intend to increase exports of natural gas, which are set to total 151 billion cubic meters this year. He said the state-owned company was planning to increase its capitalization to $300 billion within two or three years, although "this could take five years if things don't go well."
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