Russian gas: The end of a monopoly and the beginning of a new era
December 2013 saw the repeal of a 2006 law establishing Gazprom as the sole exporter of Russian gas. The amendment is part of Russia’s plan to double LNG exports by 2020 and grab crucial LNG market share in the Asia-Pacific region. However, Russia is not without stiff competition.
December 1, 2013 marked the beginning of a new era for
Russian gas exports, as it saw the repeal of a 2006 law
establishing Gazprom as the sole exporter of Russian gas.
Amendments to the gas export law and foreign trade law allow
other companiesprimarily Novatek and Russian state-owned
Rosneftthe ability to sell liquefied natural gas (LNG)
for export. Gazproms monopoly on gas exports to Europe via pipeline was not
To continue reading please, log in to hydrocarbonprocessing.com.
Subscribe now for premium access and unlimited access to the site, including archived articles and the process handbooks. Start a free trial to gain access to articles from the current issue of Hydrocarbon Processing.
Already have an account?
Subscribe today and gain unlimited and immediate access to the site. Plus, you'll receive the next 12 issues of the magazine in your choice of print or digital format. Start your subscription today.
Start a free trial and gain immediate access to the current issue of the magazine plus additional, select content.
30 Day Trial