* Russia aims for LNG exports liberalisation from next year * Government yet to send proposal to parliament MOSCOW, Oct 29 (Reuters) - A Russian government committee onTuesday approved amendments to a law to end Gazprom's monopoly on liquefied natural gas (LNG) exports which supporterssay will bolster Russia's LNG sector. Approval by the Legislative Committee is non-binding but thegovernment usually implements the committee's guidelines andsubmits them to parliament, which is dominated by allies ofPresident Vladimir Putin who has voiced support for theliberalisation. Officials say the new law is likely to be implemented fromJan. 1, 2014. Russia, the world's top producer of conventional gas, hasbeen slow to develop its LNG business. Gazprom operates Russia's sole LNG plant - a10-million-tonne-per-year facility on Sakhalin - in a consortiumthat includes Royal Dutch Shell and Mitsui. Other companies, including Novatek and Rosneft, are pursuing plans for LNG production. Gazprom has monopolised exports of Russian gas since 2006.The new law does not affect its pipeline gas exports to Europe,which cover a quarter of the region's gas needs.
Shell announces $4bn share buyback as Q3 profits beat expectations
(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.
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