Support The Moscow Times!

Gazprom Pricing 'Creative'

YUZHNO-SAKHALINSK — Gazprom may adopt a "creative" approach to gas pricing as it forms a power-

generating venture with Germany's RWE.

"If the new business model means participating in all parts of the profit chain, not only at the level of gas but also electricity, the possibility of a creative approach opens up," deputy chief executive Alexander Medvedev said Tuesday.

RWE will be able to secure gas at "competitive prices" after setting up the venture, which may include new and existing gas- and coal-fired power plants in Britain, Germany, Belgium, the Netherlands and Luxembourg, Andrei Chernoshchekov, of Gazprom's foreign economic department, said late last month.


… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

paiment methods
Not ready to support today?
Remind me later.

Read more