Gazprom and Mitsui will cooperate on LNG bunkering development

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Masami Iijima, Representative Director and Chairman of the Board of Directors of Mitsui & Co., Ltd., took place at the Eastern Economic Forum 2016 in Vladivostok, in the province of Primorsky Krai.

The parties discussed the ongoing and future cooperation, focusing, among other things, on LNG production within the Sakhalin II project and on the increase in its output with the construction of the third production train of the LNG plant.

In the course of the meeting, Miller and Iijima signed a Memorandum of Understanding. The document reflects the parties’ intention to cooperate in feasibility and marketing studies with regard to the bunkering of marine vessels with LNG in Russia’s Far East and the Asia-Pacific region.

“Gazprom and Mitsui have successfully cooperated on the Sakhalin II project. Now we have an excellent opportunity to partner in a new business area – small-scale LNG. Joint efforts in the bunkering industry will help our companies diversify our businesses and strengthen our positions in the dynamic Asian market,” said Miller.

https://www.ngvjournal.com/gazprom-and-mitsui-will-cooperate-on-lng-bunkering-development/