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Gazprom Halts Natural-Gas Purchases From Independent Producers

OAO Gazprom, Russia’s natural-gas export monopoly, suspended purchases of the fuel from independent producers for an indefinite period because of unstable domestic demand.

The move doesn’t affect gas supplies that Gazprom transports from producers to their direct customers or that other units in the Gazprom group buy, the Moscow-based company said today by e-mail.

Gazprom said it halted purchases given unstable domestic demand and has notified independent producers. That group includes oil companies and OAO Novatek, the country’s second- biggest gas producer.

Gazprom didn’t give the volumes affected. The Vedomosti newspaper said the halt affects 42 million cubic meters a day from Novatek, 27 million cubic meters a day from OAO Lukoil and 8.6 million cubic meters a day from Sibneftegas, a unit of Itera.

Novatek has received notification, Mikhail Lozovoy, a company spokesman, said by phone. The company isn’t commenting further until talks with Gazprom are completed, he said.

TNK-BP declined to comment. OAO Rosneft and OAO Lukoil press officials didn’t immediately answer when called by Bloomberg.

To contact the reporter on this story: Torrey Clark in Moscow at tclark8@bloomberg.net

To contact the editor responsible for this story: Torrey Clark at tclark8@bloomberg.net

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