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Vitol and GM&T Singapore sign multi-year LNG supply agreement

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LNG Industry,


Energy and commodities company Vitol has announced that it has signed a multi-year LNG purchase agreement with Gazprom Marketing & Trading Singapore Pte Ltd (GM&T Singapore).

The agreement is for the annual supply of approximately 300 000 t of LNG from 2018 onwards. The LNG will be supplied from GM&T’s diversified LNG portfolio.

Vitol’s Head of LNG, Pablo Galante Escobar, said: “We are delighted to be working with Gazprom Marketing & Trading a subsidiary of Gazprom, the world’s largest producer of natural gas. Vitol is an established participant in LNG markets globally and this development will strengthen our offering to customers worldwide.”

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/20042017/vitol-and-gmt-singapore-sign-multi-year-lng-supply-agreement/

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Singapore LNG news