The chief executive of Russian energy company OAO Gazprom (GAZP.RS) Thursday said Russia could increase its share on the world liquefied natural gas market to 25%, Russian news agency RIA Novosti reports on its Web site.
"Russia could make a leading position on the world LNG market and get 25% of the global market," Alexei Miller is quoted as saying.
The global market for liquefied natural gas will double by 2020, Miller said.
"The [LNG] market has grown 70% since 2000, and according to our forecasts it will double by 2020," Miller said.