Gazprom to shift gas compressor unit purchasing to price formula
MOSCOW. Sept 9 (Interfax) - Gazprom , after shifting its system for purchasing pipe to a pricing formula, is working to agree a formula for another major component of its purchases: gas compressor units (GPA).
The leadership of the gas giant's economic expert review and pricing department (Department 817) "has decided to switch to formula pricing in determining the starting, maximum price for gas compression equipment, including GPA, GPA drives and compressor equipment," the journal Gazovaya Promyshlennost said, using the Russian acronym for gas compressor units.
"Using mathematical pricing models will allow all participants in the purchasing process to forecast the price level during the competitive procedures, substantially accelerating the process of arriving at the price indicator, ensuring its objectivity, determining in the interests of the buyer the economically fair price and providing the ability to compensate for the cost of manufacturing, including the specifics of the items purchased at every competition," the deputy head of the department, Viktor Bukharov, is quoted as saying.
Boris Imas, the deputy general director for commercial issues at Gazprom Komplektatsiya LLC, said: "For Gazprom, the price formula will provide the opportunity to speed up all procedures; for the manufacturers, to receive long-term contracts.
The first term in the formula is the price of the so-called baseline GPA. The New technologies of the Gas Industry producers' association needs to define the lineup of capacity that define the baseline GPAs, and select those assemblies that would unambiguously be accepted by and suit every manufacturers as baselines.
The second element of the formula should account for the differences between the baseline GPAs and the GPA being considered in the competition.
The manufacturers of the assemblies have prepared their comments concerning the price formula project. They urged that it include a term concerning movements in the price of nickel-containing steel in excess of the inflation rate, exchange rate volatility and the manufacturers' cost of borrowing.
