A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee met with Masami Iijima, Representative Director and Chairman of the Board of Directors of Mitsui & Co. Ltd. (Mitsui) to expand their partnership including plans for LNG bunkering among other issues.
The participants of the meetings expressed their appreciation for the partnership between Gazprom and Japanese companies in the gas sector, focusing, inter alia, on liquefied natural gas (LNG) cooperation. It was noted that there was great potential for expanding collaboration between the companies. A number of bilateral documents were signed as part of the visit.
The document signed for their cooperation is said to stipulate the development of cooperation in the LNG sector, including joint efforts in adding the third train to the Sakhalin II LNG plant. The parties also voiced their intention to broaden their partnership in various business fields, including but not limited to the current LNG project.
Alexey Miller and Tadashi Maeda, CEO and Executive Managing Director of JBIC, signed the Memorandum of Understanding outlining the basic principles of cooperation in securing financing for Gazprom’s projects with the involvement of Japanese companies.
“Gazprom continues to successfully cooperate with companies from the Asia-Pacific region, the world’s fastest-growing gas market. As usual, Japanese companies are our main partners in the LNG sector. The documents signed today give a much broader dimension to our joint efforts on LNG and create ample opportunities for collaboration in other areas of the gas industry,” said Alexey Miller.
Source & Image Credit: Gazprom