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Gazprom remains only exporter of gas via Russia's Power of Siberia pipeline — minister

April 15, 2015, 15:49 UTC+3 MOSCOW

In order to get access to the pipeline independent gas producers should be ready to sell gas to Gazprom for a competitive price

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© ITAR-TASS/Alexei Nikolsky

MOSCOW, April 15. /TASS/. Russia’s gas giant Gazprom remains the only exporter of natural gas via the Power of Siberia pipeline, Energy Minister Alexander Novak told reporters on Wednesday.

In order to get access to the pipeline (which is now being built) independent gas producers should be ready to sell gas to Gazprom for a competitive price, which would make their gas projects profitable, the minister said.

Novak said that in general his ministry finds it unviable to grant independent gas producers access to the European market. According to him, gas exports should be conducted via the single channel and this is the function of Gazprom.

Infographics Supplies of Russian natural gas to China

Supplies of Russian natural gas to China

May 21, 2014, Gazprom and CNPC have signed a deal on gas supplies to China

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