Rus News Journal

Gazprom is at war with Mezhregiongaz

the monopoly

will pass Today board of directors Gazprom on which the destiny of its affiliated structure - Open Company " will dare; Mezhregiongaz (MRG). On a plan Gazprom henceforth MRG will be engaged only vykolachivaniem debts for gas, and also to participate in creation of a gas stock exchange. In most MRG assert that sales volumes through platform MRG have sharply fallen, and the trust of sellers and buyers thaws in the face of.
Mezhregiongaz delivers on the Russian market more than 85 % of gas. Following the results of last year the company net profit for five years of work has made for the first time 1,5 mlrd rbl. (2001 MRG has finished at a loss in 1 mlrd rbl.) . For 2002 the gain on payments for current deliveries of gas has increased by 24 % in comparison with 2001 (in dollar calculation) and has made $5,82 billion the General payments for gas in 2002 have made 102 % from volume of deliveries.
we will remind, on December, 30th, 2002 Alexey Miller has signed the order on actual liquidation Mezhregiongaz . An essence of the document that Gazprom closes on itself all gas and financial streams and independently concludes contracts with the regional companies on gas realisation (see from January, 21st). However it is too serious question, and today it should be discussed on board of directors Gazprom . It is remarkable that the question about MRG has been included in the agenda under the initiative vitse - prime minister Victor Khristenko and Minister of economic development and trade Herman Gref (the councillors representing interests of the state and till now supporting MRG). As has explained a source in the government, After discussion, quite probably, Alexey Miller`s order will be partially changed .
However in most MRG do not feel optimism concerning today`s session in Gazprom . Problems at the company have begun at once after issue of the order of head ` Gazprom ` though for us it was a bolt from the blue - the first deputy of general director MRG Andrey Karklin has declared yesterday. He has specified that in January of the company it was possible to sell only 15 % of gas on free prices from the planned volume (less than 40 million cubic metre). To us any more do not trust, and hardly our trading platform will be interesting now to the future players of the gas market - it summarised.
thus itself Gazprom continues to lobby idea of an exit on the free market. Alexey Miller insists on that the government has accepted the decision about the organisation of sale of the limited quantity of gas Gazprom At free prices. According to head Gazprom it will allow to pass to auction sales of gas of gas concern and independent manufacturers at the free auctions. However, for this purpose trading platform MRG to Gazprom hardly it is required - by data, the monopoly carries on active negotiations with the Inter-regional stock exchange of an oil and gas complex (the chairman of exchange council Valery Jazev).
On the agenda of today`s session some more important questions - in particular, the financial plan, the investment program and the program of reduction of expenses for 2003.
IRINA - RYBALCHENKO