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Russian energy giant Gazprom is against foreign companies developing Russia's mineral
Russian energy giant Gazprom is against foreign companies developing Russia's mineral deposits, a Gazprom official said on Wednesday.

Russia's Natural Resources Minister Yury Trutnev said on Monday that companies in which foreign investors hold a controlling stake could gain access to Russian strategic deposits.

"I want to emphasize that we don't want our state-owned mineral resources to be developed with the participation of foreign companies," the deputy chairman of the Gazprom management committee, Alexander Ananenkov, said.

According to Ananenkov, an inauspicious situation for the Russian state has emerged under the Sakhalin-I and Sakhalin-II oil and gas projects off Russia's Pacific Coast and the Kharyaga oil field in northern Russia, all of which are being developed under production sharing agreements.

"Mineral resources companies using our subsoils do not intend to organize supplies to the Russian Far East. They seem to be motivated by some economically more advantageous possibilities for deliveries of this gas," Ananenkov said.


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