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Miller refuted the idea of raising gas prices in Russia
Gazprom is not asking to raise gas prices to finance the construction of the Power of Siberia gas pipeline. The chairman of the board of the concern Alexey Miller announced this today at a press conference following the results of the holding's annual meeting of shareholders.
Gazprom did not turn to anyone to finance the construction of Power of Siberia at the expense of tariffs. It is about granting a certain preferential treatment for the project, "Miller was quoted by Interfax.
He noted that in the first place it could be a complete zeroing of the mineral extraction tax, as well as preferences for other taxes.
On the eve of the head of the financial and economic department of Gazprom, Andrei Kruglov, said that Gazprom is in favor of defrosting gas tariffs, since it is necessary for the construction of the Power of Siberia gas transmission system. “Yes, we believe that this (defrosting) can be one of the measures of state support for the construction of the Power of Siberia,” said a top manager, quoted by ITAR-TASS.
The Power of Siberia is a gas transmission system that involves the transportation of gas from the Yakutsk and Irkutsk gas production centers to the Russian Far East and China.
On May 21, 2014, Gazprom and China's CNPC signed a contract for the supply of Russian pipeline gas to China via the eastern route. The contract for a period of 30 years provides for the export to China of 38 billion cubic meters of Russian gas per year. The document includes such basic parameters as the price formula pegged to the oil basket and the "take or pay" clause. The total contract price is $ 400 billion.