CTindex - Christian Today UK Interactive Catalogue
World

Gazprom considers gas sales to UK households

Posted: Sunday, July 13, 2008, 21:47 (BST)
Font Scale:A A A

State-controlled Russian gas giant Gazprom is examining a possible entry into the UK retail gas market, a spokesman for the company's UK unit said on Sunday.

The world's largest gas producer already has a small wholesale business which provides gas to businesses, and Philip Dewhurst said the company was now looking at supplying homes.

"We're looking at the possibility. We're doing an internal feasibility study," he said.

Traditionally an exporter of gas to large European utilities, Gazprom is now keen to control the value chain all the way down to the consumer.

European politicians fear the company may use control of European pipelines and distribution networks to do the Kremlin's bidding.

Gazprom denies this and says previous threats to cut off gas to neighbours, such as Ukraine, were due to business rather than political disputes.



© Reuters 2009. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters.
Google Advertisement
Externally generated - Report offensive links here
Asialiank
World Headline
No end to 'misery' in Congo, warns aid agency

No end to 'misery' in Congo, warns aid agency

The people of Congo face hunger and disease as fighting continues between the government and rebel forces.
Sponsored Features
Enrich your love life, marriage and relationships through education and counselling. Train to become a certified marriage and family educator and change lives for good.
Google Advertisement
Externally generated - Report offensive links here