Support The Moscow Times!

Liberalization of LNG Exports Signed

President Vladimir Putin has signed into law amendments that will allow rivals of state-owned Gazprom to export liquefied natural gas, or LNG, bolstering hopes for Russia to boost its share of the global LNG market.

The changes to rules on gas exports and foreign trade, published by the state's law information site on Monday, will enable Russia's No. 2 gas producer Novatek and top oil firm Rosneft to launch LNG projects.

The measure took effect from Dec. 1 2013, the document said. Gazprom's monopoly on pipeline gas exports, which are currently pumped only to Europe, stays untouched.

Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

Please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world's largest country.