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Russia's Gazprom Says Will Enlarge Share of European Gas Market

The share of Russian gas in Europe's overall imports will exceed 64 percent this year and will continue to rise, the chief executive officer of Gazprom said Friday.

"I am absolutely convinced that our presence in the European market will grow," Alexei Miller, CEO of Russia's top gas producer Gazprom told a business forum in the Black Sea resort of Sochi in televised remarks.

He said that the share of Russian gas in European imports has increased by 17 percent in the past four years.

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