Monday, 11 April 2011
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Russia’s Medvedev Orders Faster Creation of Natural-Gas Exchange
Russian President Dmitry Medvedev ordered the government to “take urgent measures” to create and maintain a natural-gas exchange.
Medvedev gave Prime Minister Vladimir Putin and his deputy Igor Sechin until June 1 to carry out the order, the Kremlin’s press service said today in an e-mailed statement.
Mezhregiongaz, a unit of the natural gas export monopoly, OAO Gazprom, ran an electronic trading platform for Russian producers to trade natural gas tied to physical deliveries from 2006 to 2008.
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