Yamal LNG agrees to transship up to 8 mln tonnes for delivery to Asia-Pacific

The contract that will be effective for over 20 years provides for the annual supply of 2.9 million tons of LNG that will be delivered to the Asia-Pacific markets, mostly to India.

Source: RIA Novosti

Yamal Trade, a wholly owned subsidiary of Yamal LNG, and Fluxys LNG have signed a 20-year contract on LNG transshipment services at Belgium's Zeebrugge terminal totaling up to 8 million tonnes a year, which will make it possible to supply LNG to the Asia-Pacific market year-round, Yamal LNG said.

In January, 2015 Yamal Trade and Gazprom Marketing & Trading Singapore, a wholly-owned trading subsidiary of Russia’s Gazprom Group have signed a long-term contract for liquefied natural gas (LNG) from the Yamal LNG project to be sold in Asia. The contract that will be effective for over 20 years provides for the annual supply of 2.9 million tons of LNG that will be delivered to the Asia-Pacific markets, mostly to India.

Read more: Energy firms look for new options as sanctions take toll on LNG projects

All rights reserved by Rossiyskaya Gazeta.

More exciting stories and videos on Russia Beyond's Facebook page

This website uses cookies. Click here to find out more.

Accept cookies