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Share of Russian independent gas suppliers may top 50% in 2016-2017 — Gazprom

April 18, 2016, 15:49 UTC+3

According to Gazprom's official, as a state-owned company it bears a raised burden amid competition with independent producers capable of operating in market environment

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© Vadim Denisov/ITAR-TASS

MOSCOW, April 18. /TASS/. The share of independent gas suppliers in Russia may top 50% in 2016-2017, Deputy Chairman of Gazprom management committee Valery Golubev said Monday.

"Whereas in 2011 independent gas supplies accounted for 37%, in 2014 it was 43% and today, in 2016-2017, this share may approximate 50% given the resourcing of our independent companies and their ambitious," he said.

According to Golubev, as a state-owned company Gazprom bears a raised burden amid competition with independent producers capable of operating in market environment.

"Today we have to form a normal liberalized market, create similar conditions for profit-making both for Gazprom and independent producers," the official said.

He added that Gazprom’s share of supplies top 82% in peak periods during winter months.

"Our partners, meaning independent producers, do not bear this burden in the winter," deputy chairman said.

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