Supply & Demand

Decisions on liberalising Russian LNG exports may be case by case - Novak

Russian Energy Minister Alexander Novak spoke to Interfax about changes in the global gas market and proposals for extending the right to export LNG to companies other than state gas giant Gazprom Russian Energy Minister Alexander Novak spoke to Interfax about changes in the global gas market and proposals for extending the right to export LNG to companies other than state gas giant Gazprom.
By Anna Gorshkova 27 June 2013 0 2584
Russian Energy Minister Alexander Novak said another GECF summit was necessary because of the 'serious changes' in the global gas market. (Russian Ministry of Energy)

Russian Energy Minister Alexander Novak spoke to Interfax about the upcoming summit of the leaders of members of the Gas Exporting Countries Forum (GECF) and proposals concerning the liberalisation of LNG exports for independent producers.

Interfax: Russia will hold the second summit of GECF leaders on 1-2 July. What does Russia expect from the summit? What initiatives would Russia like to propose for consideration? How will the GECF deal with the new trends in the world gas market?

Alexander Novak: The need to hold a second summit of GECF leaders is primarily...