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Russia's Gazprom, Mitsui sign LNG cooperation agreement
September 7, 2017 / 6:45 AM / 12 days ago

Russia's Gazprom, Mitsui sign LNG cooperation agreement

The logo of Russian gas giant Gazprom is seen on a board at the St. Petersburg International Economic Forum 2017 (SPIEF 2017) in St. Petersburg, Russia, June 1, 2017. Picture taken June 1, 2017. REUTERS/Sergei Karpukhin

VLADIVOSTOK, Russia (Reuters) - Gazprom (GAZP.MM), Russia’s biggest natural gas producer, and Japanese trading firm Mitsui & Co (8031.T) have signed a liquefied natural gas (LNG) cooperation agreement, the Russian energy giant said on Thursday.

“The document reflects the parties’ striving toward cooperation in production, transportation and marketing of small and medium-scale LNG on the territory of Japan, as well as LNG bunkering in the Sea of Japan,” Gazprom said in a statement.

Gazprom also said it had clarified certain provisions in the memorandum of understanding it signed with the Japan Bank for International Cooperation (JBIC) last year.

Reporting by Oksana Kobzeva; writing by Gabrielle Tétrault-Farber; editing by David Clarke

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