Medvedev makes offers on gas relations with Caspian states

September 7. Itar-Tass. MOSCOW

Medvedev makes offers on gas relations with Caspian statesRussian President Dmitry Medvedev intends to come out with an offer to leaders of Caspian states to build relations in the gas sector on the basis of mid-term and long-term intergovernmental agreements.

At a working meeting with Gazprom CEO Alexei Miller, he said he was planning to discuss it with the leaders of Kazakhstan, Turkmenistan and Azerbaijan at an informal summit at the end of the week.

“If you support this, then I will discuss the issue with my colleagues during a meeting later this week,” Medvedev said. He said he believed such mid-term and long-term cooperation must be based on the legal foundation prepared, for example, by the government, to make this cooperation full-scale and long-term.

Medvedev believes “our relations the way they are, need a more exact legal regulation not only at the level of relations between companies, economic relations, but also at the level of state regulation”.

Miller said Gazprom has a good experience of work with companies from Caspian region states. “But this cooperation has been based mainly on commercial treaties,” he reported.

As for mid-term and long-term prospects, Gazprom’s cooperation with Caspian states’ companies must be based on an integrated approach with the understanding of the fact that this is not just a contract for the purchase of gas, but issues of production, transportation and procession of gas are also involved,” he said.

“That is why I consider it would be absolutely expedient to build mid-term and long-term cooperation on the basis of intergovernmental agreements,” the CEO added.