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News // Transportation and storage

Gazprom to cement LNG ties with Kuwait

27 March 2017 , 10:37Neftegaz.RU538

Gazprom has negotiated about supplies of liquefied natural gas (LNG) to Kuwait, a source at the Russian delegation in Kuwait told TASS on March 25, 2017.

 

The talks continue in a rather progressive mood, during the the Energy Minister Alexander Novak’s visit to the Middle East country, the report said.

However, it is too early yet to speak about finalizing them.  
 

Though Kuwait is satisfied with LNG supplies from Qatar, the parties continued the discussion on a long-term contract.

 

Kuwait is building a new LNG terminal, which should be ready by 2020.  

 

Earlier, Gazprom invited Kuwait companies to participate in the Baltic LNG project in the Leningrad region.

 

2 years ago, Gazprom signed a memorandum of understanding to co-operate in LNG with Kuwait Petroleum Corp (KPC), part of a wider deal between the 2 countries to forge closer ties in investment, technical and research matters.

 

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