The government agreed “as an experiment” to allow Rosneft to export gas to Europe through an agreement with Gazprom

The government is ready “as an experiment” to allow Rosneft to export 10 billion cubic meters of gas to Europe per year through an agency agreement with Gazprom. About it informs “Kommersant” with reference to the draft report of Deputy Prime Minister Alexander Novak to the President.

As the newspaper points out, the report notes that the final decision on the issue must be made by Vladimir Putin, since the positions of Gazprom and Rosneft are sharply different.

In his report, Novak proposes to the Ministry of Energy to work out this option, as well as to analyze, together with the Ministry of Finance, the possibility of amendments to the Tax Code on linking the mineral extraction tax with the volumes exported by Rosneft to the spot gas prices in Europe.

Recall that at the end of August, the head of Rosneft, Igor Sechin, again asked Putin to help the company gain access to exports. In order not to violate Gazprom’s monopoly, Rosneft is ready to work with the company under an agency agreement. As arguments in favor of the decision, Sechin cites an increase in the federal budget, assistance in filling Nord Stream 2 and the possible lifting of restrictions on the gas pipeline from Brussels.

Rusenergy partner Mikhail Krutikhin explained The Insider said that the commission agreement between Gazprom and Rosneft will not help circumvent European laws, and to implement Sechin’s proposal, Gazprom will have to deprive Gazprom of its monopoly on the export market.