Reuters: Interview - Cheaper Russian Gas This Summer No Threat-Statoil

Norwegian gas is likely to be price competitive enough to weather an influx of cheaper Russian gas expected into its European market this summer, a senior Statoil official said.

Europe's biggest gas producer does not expect to see Russia, the continent's biggest supplier, taking away its market share despite increasingly cheap oil-linked gas becoming available from the east, said Rune Bjornson, Statoil's senior vice-president for marketing and trading.

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