Saturday 23 November 2013

Russia paves way for limited liberalisation of LNG exports - FT.com

Russia paves way for limited liberalisation of LNG exports - FT.com:

"Russia’s parliament paved the way on Friday for Novatek, the country’s largest independent gas producer, and Rosneft, the state oil group, to sell liquefied natural gas for export, a market on which so far only the state-owned Gazprom is allowed to sell.
Long-awaited amendments to the gas export law and the foreign trade law passed by the State Duma break that monopoly as of December 1, in a move designed to help Russia meet its goal of doubling its share of the global LNG trade by 2020."

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