Gulf Oil and Gas accountACCOUNT

Rosneft, SODECO Signed Agreement for Sale & Purchase of LNG

Source: www.gulfoilandgas.com 6/21/2013, Location: Asia

Rosneft’s President and Chairman of the Management Board Igor Sechin signed Heads of Agreement regarding sale and purchase of LNG with President of Japan’s Sakhalin Oil and Gas Development Co., Ltd. (SODECO) Yoshiaki Umemura during the official part of the St. Petersburg International Economic Forum.

The agreement sets forth key commercial terms of the long-term contract for the delivery of 1 million tons of LNG to be purchased annually from Rosneft’s future project in the Far East to start in the first quarter of 2019, for Japan as the main sales market.

Being partners in the Sakhalin-1 project, Rosneft and SODECO have a wealth of experience of successful cooperation in oil and gas production and distribution.

The agreement with SODECO is critical for the Russian corporation, because it gives Rosneft an access to the strategically important Japanese natural gas market – the largest in the Asia-Pacific region. SODECO values the cooperation offers a new source of stable and effective LNG supply to customers in Japan.

For more information about related Opportunities and Key Players visit Caspian Region Projects

Natural Gas News in Russia >>

Australia >>  12/11/2019 - Senex Energy Ltd (SXY) announced an expansion of its natural gas sales agreement with leading manufacturer Orora Limited, agreeing to supply 13.2 peta...
Australia >>  12/10/2019 - Senex Energy Ltd has announced that Project Atlas achieved first gas sales into the east coast market ahead of schedule, with gas being sold to Queens...

Qatar >>  12/8/2019 - Qatargas Operating Company Limited (Qatargas) successfully delivered the 2,000th liquefied natural gas (LNG) cargo to India. ...
Russia >>  12/6/2019 - The bilateral negotiations at the expert level between Gazprom and Gas Transmission System Operator of Ukraine with regard to the terms of transiting ...

Russia >>  12/2/2019 - A ceremonial event marking the start of first-ever pipeline supplies of Russian gas to China via the eastern route – the Power of Siberia gas trunklin...
Israel >>  11/21/2019 - Energean Oil and Gas plc (ENOG), the oil and gas producer focused on the Mediterranean, is pleased to announce that Energean Israel and MRC Alon Tavor...

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 


Russia Oil & Gas 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 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.