2018-10-15 12:01:00
GAZPROM - SHELL: BALTIC LNG
GAZPROM - October 12, 2018, a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Maarten Wetselaar, Member of the Executive Committee of Royal Dutch Shell, took place in St. Petersburg.
The parties discussed relevant issues related to bilateral cooperation, including the Baltic LNG project. Emphasis was placed on the priority measures aimed at developing a joint design concept (pre-FEED).
Alexey Miller and Maarten Wetselaar reviewed the ongoing preparations for the construction of the third train of the LNG plant within the Sakhalin II project.
Particular attention at the meeting was paid to the continuing construction of the Nord Stream 2 gas pipeline.
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Background
Royal Dutch Shell is a British-Dutch oil and gas holding company focused on hydrocarbon production, processing and marketing in more than 70 countries.
Gazprom and Shell are jointly engaged in the Sakhalin II project, which includes Russia's first LNG plant. In 2015, Gazprom and Shell signed the Memorandum to construct the third production train of the LNG plant, as well as the Agreement of Strategic Cooperation.
The Baltic LNG project envisages the construction of an LNG plant with the annual capacity of 10 million tons in the port of Ust-Luga, Leningrad Region. In 2017, Gazprom and Shell inked the Heads of Agreement to set up a joint venture for the purposes of implementing the Baltic LNG project. On October 4, 2018, Gazprom and Shell signed the Framework Agreement on the joint design concept for Baltic LNG.
Nord Stream 2 is the construction project for a gas pipeline with the annual capacity of 55 billion cubic meters from Russia to Germany across the Baltic Sea.
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Earlier:
2018, October, 5, 12:20:00
RUSSIAN GAS FOR GERMANYGAZPROM - During the meeting, the parties discussed current issues and cooperation prospects, focusing on, among other things, Russian gas exports to Germany. |
2018, October, 5, 12:15:00
GAZPROM - OMV STRATEGIC COOPERATIONGAZPROM - October 4 Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, signed at the 8th St. Petersburg International Gas Forum a Memorandum on Strategic Cooperation. |
2018, October, 5, 12:10:00
CONSTRUCTION OF NORD STREAM 2GAZPROM - Attention was also paid to the Nord Stream 2 project. Alexey Miller and Pekka Lundmark discussed the ongoing construction of the gas pipeline, stressing the project’s importance and timeliness in terms of the stability of gas supplies to European consumers in the long term. |
2018, October, 1, 11:15:00
NORD STREAM 2 FUNDINGPLATTS - Russia's Gazprom and five European energy companies are committed to fully financing Russia's 55 Bcm/year Nord Stream 2 natural gas link to Germany if no external financing is raised
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2018, September, 7, 12:33:00
NORD STREAM-2 STARTS IN FINLANDGAZPROM - The offshore pipelay vessel Solitaire started the pipelay for the Nord Stream 2 natural gas pipeline in the Gulf of Finland. |
2018, August, 31, 11:25:00
RUSSIAN GAS FOR EUROPE UPPLATTS - Russian gas supplies to Europe and Turkey rebounded in August, according to data released by gas giant Gazprom, after a dip the previous month during the planned outage of the main Nord Stream gas pipeline to Germany.
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2018, March, 18, 11:45:00
GAZPROM - SHELL COOPERATIONGAZPROM - The parties discussed the state and prospects of strategic cooperation in the gas sector. Particular attention was paid to joint efforts in the liquefied natural gas (LNG) segment, especially the construction of the third train of the LNG plant within the Sakhalin II project. |
