The chief executive of Russia's OAO Gazprom (GAZP.RS) said the state-owned natural gas monopoly doesn't want the government to allow development of the country's largely untapped Arctic shelf gas fields by private energy companies, Russian agencies report Tuesday.
The chief executive of
Russia
's OAO
Gazprom (GAZP.RS) said the state-owned natural gas monopoly doesn't want the
government to allow development of the country's largely untapped Arctic shelf
gas fields by private energy companies, Russian agencies report Tuesday.
Speaking to reporters at the Arctic city of Novy Urengoi, Alexei Miller said
the company won't provide the state with the licenses for the offshore fields
it is not interested in.
Only state-controlled companies, among them OAO Rosneft (ROSN.RS) and Gazprom,
are allowed to hold offshore licenses.
The issue of whether state or privately-owned companies should be allowed to
develop the potentially huge resources on
Russia
's
shelf has been simmering for some time. Non-state firms such as OAO Lukoil
Holdings (LKOH.RS),
Russia
's
second-largest crude oil producer, have long pushed for permission to be
involved.
Russia's natural resources ministry proposed Tuesday that offshore oil and gas
fields on the country's Arctic shelf that aren't wanted by state-controlled
firms should be explored and developed by non-state companies.
Prime Minister Dmitry Medvedev last August called for the government's shelf
development plan to be reworked but the new plan has been delayed due to
reported opposition from Gazprom and Rosneft over allowing non-state firms to
own offshore licenses.
Oil giant Rosneft last year signed long-term deals with Exxon Mobil Corp. (XOM),
Eni SpA (E) and Statoil ASA (STO) to develop offshore oil and gas reserves.
Meanwhile,
Russia
's
Deputy Prime Minister Arkady Dvorkovich said Tuesday that Rosneft may shortly
get 12 licenses at the Arctic shelf and Gazprom could receive 17.
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