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Gazproms Monopoly On Exports Backed by Duma

Published: July 7, 2006 (Issue # 1184)


MOSCOW The State Duma overwhelmingly approved a bill Wednesday formalizing Gazproms monopoly over gas exports, defying EU calls for liberalization on the eve of the Group of Eight summit.

The legislation is likely to exacerbate tensions between Russia and the European Union. Energy security is expected to top the G8 agenda in St. Petersburg.

The principle of a unified export channel has always been part of our export strategy, though it hasnt been set out in any normative documents or legislation, Gazprom spokesman Sergei Kupriyanov said. Now it will become the law.

Besides cementing Gazproms role as Russias sole natural gas exporter, the law extends the companys export monopoly to liquefied natural gas, or LNG, and liquefied petroleum gas.

While Russia does not produce LNG for now, it will begin doing so in the near future, as the Sakhalin Island and Shtokman gas fields come on line.

The sole exception to the new bill allows non-Gazprom gas exports from companies that hold production sharing agreements, or PSAs, with the Russian government. Royal Dutch Shell and ExxonMobil hold PSAs from the 1990s at the Sakhalin-1 and Sakhalin-2 fields.

The EU, rattled by drops in Russian gas shipments during Gazproms January price dispute with Ukraine, has pushed Russia to break up Gazproms export monopoly and ratify the Energy Charter Treaty, which mandates that signatories hew to market-based principles in energy investment and transit.

Russia seems to have hardened its stance against both the Energy Charter Treaty and breaking up the monopoly in recent months, paving the way for renewed conflicts at next weeks summit.

The new bill proceeds from the necessity of defending Russias economic interests, fulfilling international gas export obligations, securing federal budget revenues and supporting Russias energy balance, Interfax reported Wednesday, citing the text of the bill.

A virtual whos-who of Russian energy companies unsuccessfully lobbied to restrict the bills scope after it was introduced in the Duma in early June.

Vladimir Volubyov, a spokesman for joint Russian-British energy company TNK-BP, said his company sent its proposals to the Dumas Energy Committee along with those from oil companies LUKoil and Rosneft, and independent gas producers Itera and Novatek but that they were rejected without explanation.

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ALL ABOUT TOWN

Friday, Dec. 19


Test your mastery of parlor games during Game Evening at the British Book Center. Learn how to play a variety of classic, mentally challenging games and use your newly acquired skills to crush weaker opponents. The event beings at 5 p.m.



Saturday, Dec. 20


The citys Babushkina Park on Prospekt Obukhovskoy Oborony will be invaded by dozens of rocking-and-rolling Santa Clauses during todays Santa Claus Parade. Not only will they parade through the park but there will also be competitions amongst the festively-clad participants and a musical master class. There will also be a prize for the best-dressed Santa Claus.


Stock up your record collection during the Vinyl Christmas Sale at the KL10TCH bar on Konyushennaya ploschad today. Spend the afternoon perusing the records for sale while listening the classic, clean sound of records spinning out hits from a variety of musical genres and time periods.



Sunday, Dec. 21


The Zenit St. Petersburg basketball team returns to the northern capital this evening for a matchup with Krasny Oktyabr, a Volgograd-based basketball club. Tickets for the game, which tips off at 6 p.m. this evening, can be purchased on the clubs website or at their arena, Sibur Arena, on Krestovsky island.


Satisfy your sugar cravings during Sweet New Year, an ongoing seasonal festival at the Raduga shopping center. Each weekend of December will welcome hungry visitors to taste hundreds of different kinds of desserts made from a plethora of sweet treats. Workshops are open to visitors and seasonal gifts can also be purchased for those rushing to finish their New Year shopping.



Monday, Dec. 22


Pick out the latest fashions as holiday gifts for loved ones or as early presents for yourself during the Christmas Design Sale at Kraft on Obvodny Kanal, starting on Dec. 20 and continuing through Dec. 27. Designer clothes will be on sale every day of the week or you can buy something more festive to decorate the home while sipping on hot coffee and perusing the various master classes.



Tuesday, Dec. 23


Meet Arctic explorers Fedor Konukhov and Viktor Simonov during SPIBAs and Capital Legal Services event Arctic Expedition this morning in the Mertens House business center at 21 Nevsky Prospekt. The meeting will discuss the explorers ongoing eco-social project and how companies can use the project as a unique marketing opportunity. Email office@spiba.ru by Dec. 22 if you wish to attend.



Wednesday, Dec. 24


The Anglican Church of St. Petersburg we will be holding a Christmas Eve service at 7 p.m. led by Rev Wm. Shepley Curtis of the Episcopal Church. The service will be held at the Swedish Church at 1/3 Malaya Konyushennaya Ulitsa.



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