MOSCOW (MRC) -- An Agreement of Cooperation 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, said Hydrocarbonprocessing.
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.
We remind that, as MRC informed earlier, Gazprom can return to the construction of LNG plant with the nominal capacity of 7 million tonnes in Primorsk (Leningrad region).
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.
Gazprom is the largest extractor of natural gas and one of the largest companies in the world. Its headquarters are in Moscow. Gazprom was created in 1989. The company was later privatised in part, but currently the Russian government holds most of the control in its hands.
MRC