Gazprom, KOGAS eyeing tighter LNG cooperation

Gazprom, KOGAS eyeing tighter LNG cooperation
Image courtesy of Gazprom

Russian giant Gazprom and South Korea’s KOGAS have voiced readiness to expand their cooperation in the area of LNG. 

During a meeting at an industry forum in Vladivostok Gazprom’s head Alexey Miller and KOGAS president and CEO Hee-Bong Chae, reviewed the state and prospects of cooperation between the companies, including the LNG supply deal between Sakhalin Energy Investment Company and KOGAS.

In 2005, Sakhalin Energy Investment Company, in which Gazprom owns 50 per cent plus one share and KOGAS signed the contract for the supply of 1.5 million tons of LNG per year from the Sakhalin II project.

In 2016, Gazprom and KOGAS inked an agreement of cooperation. The document envisages a broader cooperation in the field of LNG supplies.

In addition, the agreement outlines the key avenues of cooperation, including in research and development, energy saving, environmental protection, and the NGV sector.

Share this article

Follow LNG World News

Events>

<< Apr 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

4th PNG Petroleum & Energy Summit

The CWC Group, in partnership with Kumul Petroleum Holdings Ltd.

read more >

FSRU World Congress 2020

FSRU World Congress 2020 will therefore focus on further Commercialising FSRUs through LNG-to-Power…

read more >

CWC World LNG & Gas Series: 12th Asia Pacific Summit

The 2020 Summit will offer an unrivaled programme covering relevant and significant discussion topics…

read more >