Russ Oil-Gas

Russian major oil-gas ...

  Gazprom    RusEnergy    World    Pipeliners  Zee Beam 







Thursday, June 12, 2008

Exxon offers Gazprom LNG terminal deal - Itar-Tass

MOSCOW, June 11 (Reuters) - Exxon Mobil Corp offered Russia's Gazprom a role in a liquefied natural gas regasification terminal on the U.S. East Coast, Itar-Tass quoted Gazprom Deputy Chief Executive Alexander Medvedev as saying on Wednesday. Medvedev said Gazprom could have a role in the terminal's facilities or become an investor, according to Russian news agency Itar-Tass. Russia's Gazprom, the world's largest natural gas producer, has been expanding steadily around the globe, with projects in the Middle East, Africa and Europe. Exxon Mobil hopes to build a $1 billion terminal off the New Jersey coast to receive and regasify liquefied natural gas. The company has not yet received the permits for the BlueOcean Energy terminal, which would have the capacity to supply about 1.2 billion cubic feet of natural gas per day to New Jersey and New York. Exxon was not immediately available for comment. But Andrew Swiger, the executive who runs Exxon's natural gas business, told Reuters last week that the company was looking at a number of options to secure a gas supply for the terminal. "It may well wind up being an integrated value chain project. It may be something else, but we are working a number of things," he said. (Writing by Melissa Akin and Michael Erman in New York; Editing by Robin Paxton and Gerald E. McCormick)

Contact me:  

eXTReMe Tracker This page is powered
by Blogger. Isn't yours?