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Gazprom seeks further business in South East Asia

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LNG Industry,

Gazprom has announced that Alexander Medvedev, the Deputy Chairman of Gazprom, and Elena Burmistrova, the Chief Executive of Gazprom Export, will promote Russian gas to emerging gas markets in South East Asia when they speak at the Gastech Conference in Singapore in October 2015. They will be joined by other Russian executives, such as Gazprom’s Executive Director for Oil, LNG and Shipping, Frédéric Barnaud, who will initiate discussions with these new markets, following tension in Russo-European relations.

Russia’s potential gas sales agreement with China would also see two sets of pipelines deliver 68 billion m3 of gas annually, which would, based on 2014 figures, represent approximately 38% of China’s total gas demand. Nonetheless, this is not guaranteed, so Gazprom is keen to promote gas sales at Gastech.

Edited from various sources by David Rowlands

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