HomeMagazine2017September 2017, Vol. 244, No. 9World News

September 2017, Vol. 244, No. 9

In The News

World News

Russia May Break Gazprom Monopoly to Stimulate LNG A Russian Security Council commission has recommended breaking down Gazprom’s gas export monopoly in a bid to boost the competitiveness of Russia’s gas, Russian daily Vedomosti reported after seeing the protocol from a recent meeting of the commission. The global rise in LNG as a replacement for natural gas and oil is a threat to Russia’s energy security, the commission concluded, and Moscow needs to take urgent action to turn Russia into a major exporter of LNG. The global structure of fuel demand is changing, the protocol said, and new LNG projects are spurring more intense competition in Europe and Asia – key markets for Russian natura

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