Gazprom and Fluxys Team Up on Small-Scale LNG

Russian gas major Gazprom has signed a framework agreement on small-scale LNG cooperation in the European market with Belgium-based counterpart Fluxys.

Under the provision of the agreement, the duo plans to collaborate on joint projects for the construction and operation of LNG receiving terminals, LNG filling stations and LNG bunkering infrastructure in Europe.

“Small-scale LNG is not just a cost-effective and eco-friendly alternative to traditional fuel for different fields of economy including industry and transport. It is one of the key growth areas in European gas consumption. By developing this segment, Gazprom will further diversify its export potential and increase its supply of sustainable energy to Europe,Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee said.

“Developing the required small-scale LNG infrastructure is key to put the EU sustainable alternative fuels strategy into practice. It will enable small-scale LNG to further unlock its vast potential to mitigate the environmental and health impact of shipping, long-haulage transport by truck and remote industrial sites not connected into a pipe gas network,” Pascal De Buck, Fluxys Managing Director and Chief Executive Officer added.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

2nd GREENTECH IN SHIPPING GLOBAL FORUM

Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >