Moscow today has hosted a meeting of the Steering Committee for Cooperation between Gazprom and Sempra Energy, as stipulated by the Memorandum of Understanding signed earlier.

The parties agreed to further cooperate in the marketing of Russian LNG, within the Shtokman project inclusive, to the US market.

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Sempra Energy is the second-largest gas marketer in North America.

Sempra Energy’s main business is natural gas transmission and sales, electricity generation (including generating capacities), metal trading. The company is actively involved in energy projects in Mexico, Argentina, Chile, Peru, and is involved in gas sales in Europe.

Sempra Energy is a leading player in the US energy market. Currently, Sempra Energy is active in designing and constructing its LNG receiving terminals in North America.

On April 25, 2005, Gazprom and Sempra Energy signed a Memorandum of Understanding, which contemplates investigating the possibility of using Sempra Energy owned terminals as regasification capacities for the marketing of Russian gas in the USA.