THE board of Russia's Gazprom has rubber-stamped a decision to drop Europe from the company's list of "destination" markets over the next decade in an updated version of the company's midterm development strategy.The state-controlled gas giant said in its regulatory disclosure notice that the 11-member board of directors, headed by Viktor Zubkov, unanimously voted to remove any reference to achieving and maintaining "a target market share on the European gas market" from the paper.The updated strategy document covers 2024 to 2033, the company said in the filing.Gazprom estimated it supplied almost 40% of European gas imports in 2021 before Russia's invasion of Ukraine last year and the subsequent closures of the Yamal Pipeline, from Belarus to Poland and Germany, and the Nord Stream 1 subsea line to Germany.
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