Russia’s Gazprom examines LNG options in Japan

8 Sep 2017   Japan, Russia

Masami Iijima (L), chairman of the board of directors of Mitsui & Co., Ltd., signs a framework agreement on liquefied natural gas with Alexei Miller, the chairman of Russia’s Gazprom. Photo courtesy of Gazprom. Sept. 7 (UPI) — Russian energy company Gazprom said it signed preliminary agreements for small- and mid-sized liquefied natural gas projects in the Japanese market. Economies in the Asia-Pacific region are expanding faster than developed nations and taking on more oil and gas resources as a consequence. Island nations like Japan, meanwhile, have few resources of their own and rely on imports from major producers like Russia. Gazprom Chairman Alexei Miller met on the sidelines of a regional economic forum with Masami Iijima, the chairman of general trading group Mitsui & Co. to sign a framework agreement on liquefied natural gas. “The document reflects the commitment of the parties to collaborate in producing, transporting and […]

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