Low Graphics Site
White bar
.: Latest News :. .: News in Pictures :.
Dawn e-paper
Daily SectionMarker

Misc SectionMarker

Horoscope Recipes Weekly SectionMarker

Weekly SectionMarker



Pakistan's Internet Magazine
Herald
Dawn GroupMarker

Archive, Search, Feedback & HelpMarker

Weather




FrontPage National International Local Business KSE Forex Sports Editorial Opinion Letters Features Today's Cartoon TV Guide Cowasjee Ayaz Irfan Hussain Jawed Naqvi Mahir Ali Kamran Shafi The Review Dawn Magazine Young World Images Dawn Group Subscription To Advertise

DINA
Previous Story DAWN - the Internet Edition Next Story

December 27, 2007 Thursday Zilhaj 16, 1428





Gazprom opposes foreign ownership


MOSCOW, Dec 26, 2007: A top Gazprom executive voiced opposition on Wednesday to foreign ownership of Russian energy reserves, saying it could deprive Russian consumers of much-needed natural gas, news agencies reported.

“We do not like foreign companies developing reserves,” Alexander Ananenkov, deputy chairman of state-owned Gazprom, was quoted by Interfax and RIA Novosti news agencies as saying during a visit to Novosibirsk.

His comments came as the Russian state continued to reassert control over the lucrative oil and gas sector, large parts of which were privatised and sold to foreign companies under former president Boris Yeltsin.

Ananenkov accused two projects with foreign participation -- the Sakhalin-1 and Sakhalin-2 fields in far eastern Russia -- of wanting to sell natural gas exclusively to international markets and therefore cheating Russian consumers.

“These producers, companies with foreign participation, do not want to do anything for consumers in the Russian Far East. They just want to sell gas to foreign countries,” Ananenkov said.

“A Russian consumer in the Far East cannot get the gas that he desperately needs,” he said. “We’ve come across this problem when the exploration licences are in the hands of foreign companies.” Gazprom spokesman Sergei Kupriyanov appeared to distance himself from Ananenkov’s comments, saying they were likely aimed only at the Sakhalin-1 and Sakhalin-2 projects. —AFP






Previous Story Top of Page Next Story

Seprater
Contributions
Privacy Policy
© DAWN Group of Newspapers, 2007