Gazprom is looking to make its first acquisition in the US as part of its move to enter the North American market.

Vitaly Vasiliev, chief executive of Gazprom Marketing & Trading, the downstream arm of the state-controlled Russian gas company, told the Financial Times a takeover was one of the options under consideration for building Gazprom’s presence in the US market, where it hopes to sell increasing volumes of liquefied natural gas.