Gazprom-Shell joint venture for Baltic LNG plant

Gazprom and Shell have agreed to set up a joint venture for a Liquefied Natural Gas (LNG) plant. Gazprom Chief Executive Alexey Miller and Shell Chief Executive Ben van Beurden have signed an agreement for the financing to carry out the design, construction and operation of the Baltic LNG project in the Leningrad Region. Another […]

Gazprom sells 420mcm of gas at auction for Baltic States

Gazprom has sold 420 million cubic metres (mcm) of natural gas at an auction. The Russian energy giant hosted its second auction, this time for the Baltic States, in which more than 560mcm of gas was offered. Alexander Medvedev, Deputy Chairman of Gazprom’s Management Committee said the firm sold “more than three quarters of the whole volume […]