Gazprom said presidential advisers and Russian Deputy Energy Minister Pavel Fyodorov took part in a high-level meeting with the company's board of directors.
"The board of directors considered the information on the long-term gas production and consumption scenarios, as well as the measures on increasing Gazprom's LNG production and supplies to the domestic and foreign markets," the company said in a statement.
Gazprom said it expected global demand for natural gas to increase by as much as 2 percent per year, with Asia-Pacific economies accounting for the bulk of new demand. China, the company added, could be on equal demand footing with Europe by 2030.
Gazprom early this month signed a long-term contract to deliver LNG to India's state-controlled GAIL (India) Ltd. under the terms of a 20-year deal.
"By implementing its LNG production and supply strategy, Gazprom will strengthen its positions of the largest hydrocarbon feedstock supplier in the global gas market," the company stated.
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