Chubais Spots Gas Shortage in Russia

Russia will face the gas shortage of 4 billion cu meters in 2007, RAO UES CEO Anatoly Chubais announced with reference to the gas balance of the country passed by the government. The shortage will widen to 8 billion cu meters in 2008 and reach 40 billion cu meters in a few years, Chubais predicted as quoted by Interfax.

Chubais said he doesn’t know what could be used to cover this shortage. But for RAO UES, gas is one of the key sources to produce electricity and Chubais has been continuously specifying that his company is unable to launch new facilities because it lacks gas.
Kommersant