Russia - 06

Russia: The Gas Experiment: Challenging Gazprom in the Domestic Market

Rosneft CEO Igor Sechin and Novatek President Leonid Mikhelson have recently renewed their efforts to challenge Gazprom in the domestic market. The pair wrote a formal letter to Prime Minister Dmitriy Medvedev warning that Gazprom’s dominance will lead to gas shortages within the country. Ironically, their immediate request is for the government to cancel the FAS-authorized experiment that would allow unrestricted market pricing for all gas producers in three regions next year.

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