Reuters: Gazprom cuts 2012 gas exports plans to Europe

Gazprom told analysts it cut back on plans to boost exports to Europe this year, but analysts said the company would still be able to supply more than enough even though European customers were pleading for extra gas to cope with a cold snap.

Gazprom, which covers a quarter of Europe's gas needs or more, cut its forecast for supplies to Europe by around 6 percent to 154 bcm, sources who saw a company presentation said on Friday. Last year it supplied 150 bcm, also slightly less than expected.  MORE