Hydrocarbon Processing Copying and distributing are prohibited without permission of the publisher
Email a friend
  • Please enter a maximum of 5 recipients. Use ; to separate more than one email address.



Gazprom seals financing for Baltic, Vladivostok LNG

03.07.2014  | 

Gazprom will be the majority shareholder in the project companies to implement the Baltic LNG and Vladivostok LNG projects. Gazprombank will have a shot to acquire a stake in the project companies.

Keywords:

MOSCOW -- A cooperation agreement as part of LNG projects was signed at the Gazprom headquarters by Alexey Miller, chairman of the Gazprom management committee and Andrey Akimov, chairman of the Gazprombank management board.

According to the agreement, the parties will cooperate within the Baltic LNG and Vladivostok LNG projects.

Gazprom will be the majority shareholder in the project companies set up to implement the Baltic LNG and Vladivostok LNG projects. Gazprombank will have an opportunity to acquire a stake in the project companies.

The project companies, among other things, will own LNG plants along with other necessary production facilities as well as manage the projects at all stages, including the development of project documents.



Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.

Related articles

FEATURED EVENT



Sign-up for the Free Daily HP Enewsletter!

Boxscore Database

A searchable database of project activity in the global hydrocarbon processing industry

Poll

Should the US allow exports of crude oil? (At present, US companies can export refined products derived from crude but not the raw crude itself.)


69%

31%




View previous results

Popular Searches

Please read our Term and Conditions and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2014 Hydrocarbon Processing. © 2014 Gulf Publishing Company.