Gazprom Eases Stance on LNG Monopoly as Putin Urges Competition
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OAO Gazprom, Russia’s natural gas export monopoly, conceded some arguments for allowing competition in shipping liquefied natural gas abroad after President Vladimir Putin called for easing.
“Arguments can be found, concerning LNG and the monopoly, on the possibility of preparing a program with Gazprom’s participation,” Gazprom Deputy Chief Executive Officer Alexander Medvedev told reporters today in Moscow.