Gas is becoming depoliticized and is increasingly been treated as a purely commercial transaction, an Energy Security Senior Fellow at the EastWest Institute said during the Turkey-Russia energy experts roundtable meeting in Istanbul on Thursday.
Speaking at the session entitled Natural Gas in Future Energy Mix moderated by editor in chief of TASS, Maxim Filimonov, Danila Bochkarev spoke in defense of Russia against multiple accusations from the U.S. and Europe that Russia is using natural gas as a political weapon.
'I will say we really need to avoid this rhetoric,' Bochkarev said in response to the question of Russia's influence in the energy sector.
Russia's gas giant Gazprom has changed its market strategy in Europe and elsewhere by offering flexibility, competitive pricing and through accommodating its clients wishes in Asia and Europe, he said.
'The company is a commercial player. It is a normal company like many others in Asia and Europe,' he added.
Bochkarev declared that the current accusations of market domination do not reflect the real situation but are rather political games.
He supported greater competition in the liquefied natural gas (LNG) market, claiming that competition is not only beneficial for consumers in offering greater choice, but also beneficial for producers.
'Too high gas prices are distracting demand. For demand creation, we need moderate prices, which can accommodate producers and help them to have reasonable right of investment while also helping consumers to consume more gas and create new sources application of gas usage,' he added.
By Firdevs Yuksel