Gazprom, Shell extend LNG ties

Gazprom, Shell extend LNG tiesShell CEO Ben van Beurden (Image courtesy of Gazprom)

Gazprom and Shell have extended their heads of the joint venture agreement regarding the liquefied natural gas (LNG) cooperation. 

During a meeting in St. Petersburg, the heads of the Russian giant Gazprom, Alexey Miller and the CEO of the Hague-based LNG giant Shell, Ben van Beurden agreed to prioritize the use of Russian technical standards when designing and preparing specifications for equipment for the LNG industry development in Russia.

The Agreement also sets out the key operating aspects of the future joint venture, including occupational safety, industrial safety and social responsibility matters, Gazprom said in its statement.

The two parties also discussed the feasibility study of the Baltic LNG project that would have a 10 mtpa production capacity and will be located in the port of Ust-Luga, Leningrad Region.

The two companies are also cooperating on the Sakhalin II project, which includes Russia’s first LNG plant, and are cooperating on the development of a third liquefaction train at the facility.

The two companies also focused their discussions on the Nord Stream 2 project.

Share this article

Follow LNG World News

Events>

<< May 2019 >>
MTWTFSS
29 30 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 31 1 2

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

GIE Annual Conference 2019

The French gas infrastructure operators ELENGY, GRTgaz and Storengy are looking forward to be your hosts in 2019.

read more >

LNG Pricing, Trading & Hedging London

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >