Exec: Government supports no Gazprom split, export liberalization - Oil & Gas - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Exec: Government supports no Gazprom split, export liberalization

MOSCOW, Feb 12 (PRIME) -- A split of Russian gas giant Gazprom and export liberalization find no support in the government, Kirill Polous, head of the companyТs department for long-term development programs, said late on Tuesday at the companyТs investor day.

УThe system of regulation of the gas industry secures implementation of the main task of ensuring energy security on the internal market. Sometimes speculative messages emerge in the media about the possibility of a radical reform of the Russian gas industry, like changes in the structure of Gazprom and liberalization of pipeline gas. However, these ideas have neither legal basis nor support from the Russian state authorities of the power,Ф he said.

President Vladimir Putin approved the energy security doctrine in 2019 protecting strategic interests of Gazprom, including inseparability of the unified gas distribution system and exclusion of competition among Russian energy sources at external markets, he said.

The idea to liberalize gas exports would lead to competition of Russian suppliers at foreign markets pushing the price and budget revenue down, he said.

End %%md/jst%%

12.02.2020 08:49
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 70.4591 +1.0400 26 feb
USD 64.9213 +0.6205 26 feb
Stock Market Indices
1D 1W 1M 1Y
rtsi 1446.11 -5.16 18:50 25 feb
micex 3002.68 -3.33 18:50 25 feb
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 224.68 -3.16 18:49 25 feb
lkoh 6165.00 -4.42 18:49 25 feb
rosn 443.85 -3.88 18:49 25 feb
sber 245.19 -2.24 18:49 25 feb
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 70.8525 +1.1775 14:59 25 feb
USDTD 65.2350 +0.7350 17:44 25 feb