Energy Blast, March 21, 2008
Gazprom said methane captured from underground coal mines may provide a “serious” addition to resources as producing natural-gas fields in Siberia decline. The company has completed the acquisition of effective control in regional power utility TGK-1. President Vladimir Putin ordered that the state’s controlling stake in electricity import and export trader Inter RAO be transferred to Rosatom, the new national nuclear company. “The government of the Russian Federation is ordered to bring its documents in conformity with this decree by March 1, 2009,” according to the official statement.