Gazprom and Fluxys will develop small-scale LNG market in Europe

Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee, and Pascal De Buck,

Fluxys Managing Director and CEO, have signed in Paris a framework agreement on small-scale LNG

cooperation in the European market.

The agreement reflects the intention of the parties to collaborate on joint projects for the construction

and operation of LNG receiving terminals, LNG refueling stations and LNG bunkering infrastructure in

Europe.

“Small-scale LNG is not just a cost-effective and eco-friendly alternative to traditional fuel for different

fields of economy including industry and transport. It is one of the key growth areas in European gas

consumption. By developing this segment, Gazprom will further diversify its export potential and

increase its supply of sustainable energy to Europe,” Alexander Medvedev said.

“Developing the required small-scale LNG infrastructure is key to put the EU sustainable alternative fuels

strategy into practice. It will enable small-scale LNG to further unlock its vast potential to mitigate the

environmental and health impact of shipping, long-haulage transport by truck and remote industrial

sites not connected into a pipe gas network,” Pascal De Buck said.

NGS INDIA