GAZPROM, SHELL PROJECTS

GAZPROM - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ben van Beurden, Chief Executive Officer of Royal Dutch Shell, took place today at the St. Petersburg International Economic Forum 2019.

The parties reviewed issues related to bilateral cooperation, paying special attention to the implementation of the Nord Stream 2 project. To date, more than 1,402 kilometers of pipes – over 57 per cent of the gas pipeline's total length – have been laid in the Baltic Sea.

During the meeting, the parties also discussed the construction project for the third production train of the LNG plant (Sakhalin II).

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Earlier:

2019, June, 4, 15:10:00 SHELL WILL UP TO $35 BLN Shell is on track to deliver on its 2020 commitments; now increases organic free cash flow outlook to around $35 billion for 2025 at $60 per barrel (real terms, 2016) English

2019, April, 22, 08:35:00 ГАЗПРОМ, SHELL: САХАЛИН ЭНЕРДЖИ На встрече была высоко оценена работа оператора проекта — компании «Сахалин Энерджи», отмечающей Русский | English

2019, April, 12, 11:20:00 SHELL EXITS GAZPROM Royal Dutch Shell has decided to exit a Baltic liquefied natural gas (LNG) project led by Russian state gas major Gazprom on the Russian Baltic coast. English

2019, March, 22, 10:30:00 COMPETITIVE RUSSIAN LNG Russian LNG is well positioned to compete with North American projects to reach new markets in Asia and the Atlantic Basin despite the challenges, a Shell executive said Wednesday at the LNG Congress in Moscow. English

2019, February, 1, 10:45:00 SHELL EARNINGS $21.4 BLN UP 36% SHELL - Compared with the fourth quarter 2017, CCS earnings attributable to shareholders excluding identified items of $5.7 billion mainly benefited from higher realised oil, gas and LNG prices as well as stronger contributions from crude oil and LNG trading, partly offset by movements in deferred tax positions. Full year earnings of $21.4 billion also reflected higher realised oil, gas and LNG prices, partly offset by movements in deferred tax positions. English