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Energy Minister: Lack of global market obstacle to liberalization of Russia’s gas export

June 23, 2015, 17:48 UTC+3 MOSCOW
It is more proper to focus on the integrated export policy now from the standpoint of the budget revenues, Russian Energy Minister Alexander Novak says
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Russian Energy Minister Alexander Novak

Russian Energy Minister Alexander Novak

© Mikhail Metsel/TASS

MOSCOW, June 23. /TASS/. The Russian Ministry of Energy does not consider the pipeline gas export liberalization feasible now, Energy Minister Alexander Novak told TASS on Tuesday.

"Considering that there is no global gas market on the whole, we do not consider the export gas liberalization feasible. It is more proper to focus on the integrated export policy now from the standpoint of the budget revenues. I believe the gas market will be global eventually, but this is still in prospect," the minister said.

TASS reported earlier the government has already decided to liberalize the liquefied natural gas export.

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