print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases  GAZPROM REGISTER LOG IN

Press Releases > GAZPROM  all about the company

company search
all press releases
all GAZPROM press releases

GAZPROM

October 1, 2012

Gazprom and GAIL enter into long-term LNG purchase and sale contract

Gazprom and GAIL signed a Liquefied Natural Gas  (LNG) Purchase and Sale Contract.

The document stipulates annual supplies of Russian LNG in the amount of 2.5 million tons for a period of 20 years. Gazprom Marketing and Trading Singapore is entrusted to discharge obligations under the Contract on behalf of Gazprom Group.

 “We consider India to be one of the most booming markets in the region. The Contract is a follow-up of Gazprom Group's consistent efforts to consolidate its positions in Asian markets,” noted Alexey Miller.

Background

Being a leading gas transmission and distribution company in India, GAIL exerts control over 95 per cent of the national gas sector infrastructure. The Indian Government holds a 57.34 per cent stake in the company.

Gazprom Marketing and Trading Singapore (GMTS) was set up in 2009. The company primarily deals with LNG sales. GMTS successfully operates in China, India, Japan, South Korea, Taiwan, Thailand and other countries.

Between 2009 and 2011 Gazprom Group supplied India with 0.65 million tons of LNG in 10 cargoes.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer