Russian Government Committee Approves LNG Exports Liberalisation
A Russian government committee on Tuesday approved amendments to a law to end Gazprom’s monopoly on liquefied natural gas (LNG) exports which supporters say will bolster Russia’s LNG sector. Approval by the Legislative Committee is non-binding but the government usually implements the committee’s guidelines and submits them to parliament, which is dominated by allies of President Vladimir Putin who has voiced support for the
liberalisation. Officials say the new law is likely to be implemented from Jan. 1, 2014.
