Russian natural gas monopoly OAO Gazprom (GAZP.RS) will continue working with the authorities to achieve market prices for its domestic gas deliveries by 2011, the company said in a statement Tuesday.
Gazprom's board of directors are discussing the company's pricing policy, among other things, at a meeting in Moscow.
Gazprom sells more than half of its gas on the domestic market, but earns four-fifths of its revenue from exports. It often sells gas at a loss on the domestic market and says that it can't invest in this business without raising prices.