GAZPROM - ITOCHU COOPERATION

GAZPROM - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Yoshihisa Suzuki, President and Chief Operating Officer of Itochu Corporation, took place at the 4th Eastern Economic Forum in Vladivostok.

The parties addressed potential cooperation in the LNG sector, including the localization of production and services in the Russian Federation in order to maximize the involvement of Russian businesses in new LNG projects of Gazprom.

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Background

Itochu Corporation is one of Japan's largest general trading companies. It is engaged in oil & natural gas production and processing and LNG projects.

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Earlier: 

2018, September, 12, 12:05:00 RUSSIAN LNG FOR JAPAN PLATTS - Putin said the LNG sector in particular was a key focus area for future cooperation, noting that Japanese companies may take part in the planned expansion of Sakhalin 2, Arctic LNG 2 and Baltic LNG projects as well as an LNG transshipment facility in Kamchatka. Русский | English

2018, September, 7, 12:37:00 GAZPROM'S INVESTMENT UP TO RUB 1,496.328 BLN GAZPROM - Pursuant to Gazprom’s revised draft investment program for 2018, the overall amount of investments will stand at RUB 1,496.328 billion, which is RUB 217.498 billion more than was envisaged in the investment program approved in December 2017. Русский | English

2018, August, 31, 11:35:00 GAZPROM'S PROFIT UP BY 65% GAZPROM - Profit attributable to the owners of PJSC Gazprom for the six months ended June 30, 2018 totalled RUB 630,804 million which is by RUB 249,458 million, or 65 %, more than for the same period of the prior year. Русский | English

2018, July, 4, 12:01:00 THE NEW JAPAN'S ENERGY PLAN WNN - A new basic energy plan that sets goals for Japan's energy mix to 2030 and presents scenarios to 2050 was today approved by the Cabinet. Under the plan, nuclear will remain a key energy source, accounting for 20-22% of the country's electricity generation up to 2030.

2018, May, 28, 11:10:00 TOTAL DECARBONIZATION OF THE GLOBAL ECONOMY GAZPROM - It seems that putting renewables ahead of everything else doesn’t accomplish anything in today’s world. And striving for a total decarbonization of the global economy is downright quixotic. One should understand that fossil fuels will continue to play an essential role in the next 20 years. Русский | English

2018, April, 25, 09:55:00 ASIA'S LNG DEMAND REUTERS - global liquefied natural gas (LNG) imports have risen 40 percent since 2015, to almost 40 billion cubic meters (bcm) a month. Growth accelerated in 2017, with imports up by a fifth, largely because of rising demand in China, but also in South Korea and Japan.

2014, April, 5, 17:01:00 ITOCHU LOOSE ITOCHU announces loss relating to North American Oil and Gas Company