Gazprom and Shell have signed contracts for the sale of LNG and pipeline gas

Yesterday, Gazprom and Royal Dutch Shell have signed contracts for the sale of LNG and pipeline gas, the report says the Russian company. . Kotraktov The signing took place after the working meeting of Alexey Miller, chairman of the board and CEO of Royal Dutch Shell Ieruna van der Wira. Signed contracts to buy LNG companies, Shell Eastern Trading LTD and Gazprom Global LNG "the company" Sakhalin Energy ". The documents include the delivery of nearly 1 million tons of LNG per year to each of the buyers in the period from 2009 to 2028 years. It also signed a 20-year contract to supply an equivalent volume of Gazprom's pipeline gas for Shell in Europe. This contract will allow Shell to strengthen its position in the European gas market, diversify and optimize supply portfolio. Shell, in turn, provide the subsidiary companies of Gazprom the right to use the facilities at the terminal regazifikatsionnyh Energia Costa Azul LNG (Baja California, Mexico), as well as pipeline capacity, which will deliver gas to markets of Southern California. Gazprom and Shel appreciate the signed documents, and note that these contracts are opening new opportunities for the development of companies. Also at the meeting were considered possible new projects in the field of LNG in Russia. Discussing the current situation on world markets of oil and gas, Alexei Miller said that in the past few weeks, markets in which companies operate, showing improving trends in demand. " Royal Dutch Shell - the British-Dutch oil and gas company engaged in production and processing of hydrocarbons in more than 40 countries around the world.