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Russian ministry partially supports gas price liberalization

MOSCOW, Dec 6 (PRIME) -- Russia’s Energy Ministry partially supports liberalization of natural gas prices but thinks that the plan, which abolishes state regulation of wholesale prices, introduces a market pricing regime, and changes approaches to transportation tariffs, does not adequately represent the situation, Deputy Minister Kirill Molodtsov said on Tuesday.

“The ministry has a position on it, we support it in something, but in some other things we think that the pilot project’s results may not be fully representative. I mean there are regions that are as close as possible to the production regions. The consumption structure there is understandable, including payment capacity and a high demand,” he said.

But such experiments should be carried out in regions that differ in pricing and industry conditions. “Still, this experiment may be useful,” he said.

End

06.12.2016 14:02