you will not lead round Novatek round gas

PUBLIC JOINT-STOCK COMPANY "NOVATEK" will not be able to deliver gas to the former structure of PUBLIC JOINT-STOCK COMPANY "GAZPROM" Gazprom Marketing & Trading Ltd Singapore under the long-term contract on 3 million tons per year any more. The given-out Government of the Russian Federation the temporary work permit with GM%26T which was de facto nationalized by the authorities Germany, expired on August 23. The authorities Russian Federation, granting permission, counted on preservation of deliveries on the prisoner PUBLIC JOINT-STOCK COMPANY "GAZPROM" to the long-term contract from GAIL (India) Ltd. However new German management of GM%26T decided that it is more favorable not to deliver the Russian gas to India, and to sell it in the spot market. Photo: Dimitri Azarov...