Investor attention has been rightly focussed on present policy discussions in Moscow about liberalising the domestic gas and power markets. Besides the valuation impact on major stocks, there are high political and economic stakes. But a specific development deserves special attention. This is the 22 November launch of an unregulated gas exchange. In the view of our trusted source - a leading authority on the gas business in Europe and globally - what is for now a small pilot scheme...
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