The amendments to the law for LNG liberalization initiated by Lukoil and Rosneft have not been agreed

On November 20th 2013, the State Duma Energy Committee rejected the amendments to the law  for LNG exports liberalization initiated by Lukoil and Rosneft, the representative of the Committee I. Grachyov says. He claims that they introduced just 3 stylistic amendments.

The law  will be presented in this form to the second hearing on November 22nd 2013, and can immediately pass through to the third.

Under the law , access to LNG exports can be granted to Rosneft and Yamal LNG project realized in accompany with Novatek, besides from Gazprom. The Ministry of Energy evaluates that the corresponding structure of the sole export channel in the part of LNG exports gives no opportunity to fully provide designated financing of the construction of LNG plants.