(Adds detail, background)
By Tom Bergin
LONDON Nov 27 Russian gas export monopoly
Gazprom (GAZP.MM) said partners in the Exxon Mobil Corp-led
(XOM.N) Sakhalin-1 project should be prepared to accept a price
similar to discounted, domestic levels for their gas.
Exxon wants to export gas from Sakhalin-1, offshore east
Russia, to lucrative international markets.
But Gazprom wants to block this, saying the gas is needed
for the domestic market, where prices are a fraction of
"We are prepared to pucharse the entire gas production of
Sakhalin 1," Gazprom Deputy Chairman Alexander Medvedev told
reporters in London, speaking through an interpreter.
"The people involved in Sakhalin-1 are very well aware of
the price range in the Russian far east. I believe that this
price level would be a good basis for our negotiation," he
The Sakhalin-1 partners also include Russian
state-controlled oil company Rosneft (ROSN.MM), India's ONGC
(ONGC.BO) and the Japanese consortium Sodeco.
Gazprom is the majority shareholder in the Sakhalin-2
project, also on Sakhalin Island, which plans to export gas as
liquefied natural gas.
Exxon was not immediately available for comment.
(editing by Mike Elliott)