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Gazprom enters the Irish gas market
15.01.2008 11:00
Gazprom enters the Irish gas market

Gazprom Marketing and Traiding Ltd. (GMT), a subsidiary of the Russian gas monopolist, has been licensed to work at the Irish gas market, the volume of which is estimated at ?2 billion per year.
      The company plans to start gas supplies to the country at the end of 2008 and take over 10-15% of the local market within a 5-year period.
      GMT was established in Great Britain in 1999. The company sells gas, electric power, coal and oil to commercial consumers.
      Besides, Gazprom may well acquire a big asset to enter the market of Ireland. It is also possible that gas will be delivered from Russia to Ireland via connecting pipelines in Great Britain.


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