LNG on agenda at Gazprom-Gasum meetings

LNG was on the agenda at the annual meetings of the Coordinating Committee for Strategic Cooperation and the Coordination Committee for Sci-Tech Collaboration between Gazprom and Gasunie, chaired by Dmitry Lyugai, Member of the Management Committee, Head of the Prospective Development Department of Gazprom and Hans Coenen, Vice President for Corporate Strategy & Portfolio Management, Managing Director of Gasunie Deutschland.

The meetings discussed the progress with the Memorandum on Strategic Cooperation and the Sci-Tech Collaboration Program of Gazprom and Gasunie in 2013. The companies also put forward their proposals for cooperation development in 2014 and 2015.

It was noted that the joint implementation of new infrastructure projects, including the possible expansion of the Nord Stream gas pipeline, was to be regarded as one of the essential elements for securing reliable gas supply to European consumers.

Another key area of strategic cooperation between Gazprom and Gasunie is LNG, including small-scale LNG projects. Further collaboration in this area will provide for diversifying hydrocarbon supply routes to Europe as well as for using natural gas in land and marine vehicles as an eco-friendly alternative to conventional fuels.

The parties emphasised their long-term strategic nature of cooperation in developing gas transportation infrastructure, underground gas storage, energy efficiency, innovative technologies, environmental protection, and 'green gas'-related projects.

The meeting participants visited the Gate LNG-terminal in Rotterdam – the first one in the Netherlands to receive, store and subsequently distribute LNG via land and marine vehicles.

Adapted from press release by Ted Monroe

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