Gazprom concedes argument for liberalization of LNG exports

摘要

Gazprom has conceded some arguments for allowing competition in LNG exports after President Vladimir Putin called for easing, Bloomberg reported. "Arguments can be found, concerning LNG and the monopoly, on the possibility of preparing a program with Gazprom's participation," Gazprom Deputy Chief Executive Alexander Medvedev said. Putin told the Russian government to gradually open LNG exports amid Russia's push to supply a greater share of growing Asian LNG markets. Novatek and Rosneft plan to ramp up natural gas output and develop LNG export infrastructure.