Russia’s Gazprom to supply LNG to India
July 21st, 2011 - 5:31 pm ICT by IANSMoscow, July 21 (IANS/RIA Novosti) Russia’s gas major Gazprom’s subsidiary Marketing & Trading Singapore (GM&TS;) has signed a fourth memorandum of understanding (MoU) with the Indian Oil Corp. Ltd. on gas supplies to India, the company said Thursday.
Gazprom is to deliver 2.5 million tonnes of liquefied natural gas (LNG) per annum to India for 25 years.
In June, GM&TS; signed MoUs with India’s major firms GAIL, Gujarat State Petroleum Company (GSPC) and Petronet LNG Limited (Petronet) to supply about 7.5-10 billion cubic metres of LNG a year.
Gazprom will supply LNG from the existing and future projects, including the giant hydrocarbon deposits in the Sea of Okhotsk off Russia’s Pacific Island of Sakhalin and international assets.
Gazprom said in a statement it considered India as one of its key LNG markets, together with Japan and other Asian countries.
–IANS/RIA Novosti
snb/vt
- GSPC signs LNG supply agreement with Gazprom Singapore - Jun 03, 2011
- Russia's Gazprom in talks over LNG supplies to India - Oct 25, 2010
- GSPC-Gazprom tie up for LNG supply - Jan 11, 2011
- Russia to increase energy exports to Asia-Pacific - Sep 04, 2012
- North Korea to get $100 mn for Russian gas transit - Nov 17, 2011
- Gazprom offers gas price discounts to EU firms - Jun 28, 2012
- Russia ready to disengage liquefied gas for Japan: Putin - Mar 20, 2011
- India, Angola to speed up petroleum sector cooperation - Oct 31, 2010
- Four dead in Russian oil rig accident (Lead) - Dec 18, 2011
- Gail, Tidco to set up a JV power plant in Tamil Nadu - May 11, 2012
- No gas deal during Putin's China visit: Moscow - Oct 11, 2011
- India seeks higher crude oil supplies from Angola - Oct 31, 2010
- Two die as Russian drilling rig overturns at sea - Dec 18, 2011
- Petronet's Kochi LNG terminal to start in two months - Aug 23, 2012
- India asks Qatar for additional 3 mn tonnes of gas - Apr 23, 2012
Tags: annum, asian countries, corp ltd, cubic metres, gas lng, gazprom, gspc, gujarat state, hydrocarbon deposits, indian oil, international assets, liquefied natural gas, memorandum of understanding, mou, petroleum company, ria novosti russia, s pacific, sakhalin, Sea of Okhotsk, snb