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Duma backs bill to give Gazprom exclusive gas export rights

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Russia's lower house of parliament Friday passed in first reading a draft law on granting Gazprom (RTS: GAZP) or a 100% subsidiary exclusive rights to exports of Russian gas. The State Duma voted 380-6, with eight abstentions, well above the 226 votes needed.

MOSCOW, June 16 (RIA Novosti) - Russia's lower house of parliament Friday passed in first reading a draft law on granting Gazprom (RTS: GAZP) or a 100% subsidiary exclusive rights to exports of Russian gas.

The State Duma voted 380-6, with eight abstentions, well above the 226 votes needed.

Borys Gryzlov, the State Duma speaker, proposed to vote on the bill in second and third readings June 28 at a Duma plenary session.

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