RF Government Commission approves expansion of LNG exporters
The RF Government’s Legislative Commission has approved a draft law aimed at regulation of foreign trade activities of LNG exporters, RF Govt announced at its website.
The document was prepared according to the order of RF President dated October 15, 2013 (No Пр-2416).
According to the document, apart from Gazprom and its subsidiary, the right to export LNG will be given to companies whose license was included in the construction of LNG plants as of January 1, 2013, as well as to companies with government share exceeding 50%, which are users of subsurface resources within internal sea waters, territorial sea and continental shelf including the Black and Azov Seas.
The draft law will be considered by Government meeting.