Liberalization of Natural Gas Exports to Help Russia Restore Positions on the European and Global Markets

... Novatek shareholders' meeting approved the agreement for providing Sibur in 2014-2033 with up to 36 million tons of light hydrocarbons and eight million tons of liquefied hydrocarbon gas (LHG) for a ceiling amount of 510 billion rubles. In December 2011, Novatek purchased 100 percent of Gazprom Mezhregiongaz Chelyabinsk to obtain access to new recipients. Russia's top IGPs also reached major industrial consumers, such as former Gazprom clients. In August 2012, generating company E.ON Russia reported that in 2013-2027 it was going to ...