Gas price in EEU should be equally profitable

ArmInfo. EEU state entities and largest oil companies stand for equally profitable    prices for gas in member countries within the framework of common gas market capsulation.

The common gas market capsulation program was discussed at the working session under the Consultative commission on Oil and Gas, which comprises representatives of authorized bodies, as well as EEU oil and gas companies (Gasprom, Novatec, Rosneft etc).

The working group members were joined in their opinion that within the framework of gas common market capsulation it is necessary  to recognize the transition to equally profitable prices as feasible.  Beside that, there is a need to sign an international agreement on determination of  member countries responsibilities and to set the international stock, where the trade operations within the common EEU gas market should be implemented.

The participants of the meeting came also to a single conclusion that the criteria of holding the market price at the countries of the union should be the submission of national regulations setting forth both state regulating within  providing the minimum of profitability and cancellation of  state regulating process within the supplies inside the country.