The CEO of Russia's Novatek does not expect Moscow to lift Gazprom's monopoly on Russian pipeline gas exports any time soon, Leonid Mikhelson saying that Novatek «won't waste time» on lobbying the Kremlin for a change in policy, Platts reported on October 18, 2017.
But he said this was not a likely scenario at present. «I can't say we're not interested, but at the current stage the issue is irrelevant,» he said. «We won't get a positive result so we won't waste our time on this.»
But to date, Moscow has insisted it has no plans to lift the monopoly.
Analysts believe Moscow is concerned about a further fall in the European gas price should it liberalize gas exports, given a potential new flood of Russian gas onto the market.