Russian gas monopoly Gazprom is considering various options of the oil company Lukoil’s participation in Gazprom’s Eastern Gas Program and gas exports to China, a source familiar with the negotiating process told ITAR-TASS on May 26.
Forecasts of lower world prices for gas in the coming years are depressing the investment attractiveness of the exploration and production of “expensive” fields in the east of Russia — the cost of operating in the region is significantly higher today than in other territ