15 Nov 2011 10:45

Independent producers to sell almost 100 bcm of gas in 2011 - Gazprom

MOSCOW. Nov 15 (Interfax) - Independent producers will sell an expected 98.5 billion cubic meters of gas in 2011, said Valery Golubev, deputy CEO of Gazprom , Russia's gas monopoly.

"The emergence of such worthy partners creates the foundations for a truly competitive gas market in the country," Golubev said.

Thanks to regional cross-subsidies, independent producers control the Sverdlovsk region's gas market in full, 95% of the Kemerovo region's market, 58% of the Tyumen region, 55% of the Novosibirsk region, 55% of the Kurgan region, 26% of the Chelyabinsk region and 70% of the Perm territory's market.

A statute on non-discriminatory access to the gas transmission system, under which independent producers would be able to supply an unlimited volume of gas to destinations of their choice, leaving Gazprom with regions that are a long way from the sources of gas, is under discussion, Golubev said.