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Gazprom will see 40% of its long-term contracts on the domestic market expire at the end of 2013.
This gives Novatek a chance to boost its market share, believes Investcafe analyst Yuliya Voitovich. It is more lucrative for the company to enter into contracts with major and long-standing customers in place of traders. The contract with Mosenergo may be prolonged, which should at least partly compensate Novatek for its loss of Inter RAO.
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