Russia’s Gazprom close to gas deals with AzerbaijanMOSCOW — Gazprom, the world’s largest natural gas producer, said Friday it hoped to sign key deals in Azerbaijan next week, raising the possibility that Russia will secure Azeri gas to feed pipelines to Europe. Russian gas company Gazprom says it may cut this year’s investment program by 30 percentMOSCOW — Gazprom, Russia’s state-controlled gas monopoly, said Thursday it may cut its investment program by 30 percent this year due to weaker finances amid the global economic downturn. Russia’s Gazprom says gas demand in Europe up, but 2009 revenues to drop sharplyMOSCOW — Russian gas monopoly Gazprom expects sales to drop by about 40 percent this year despite increased consumption in Europe in recent months, deputy CEO Alexander Medvedev said Wednesday. |