Gail of India Eyes Vladivostok LNG Stake

Gail of India Eyes Vladivostok LNG Stake

Gail of India is looking to buy a stake in Vladivostok LNG project in Russia, according to local media reports.

The company’s interest in the LNG project was flagged during the two-day visit of Russian Deputy Prime Minister Dmitry Rogozin last month, the reports said.

Gazprom expects to prepare an investment study for construction of a 10 million mt/year LNG terminal near Vladivostok by the end of 2012.

[mappress]

LNG World News Staff, August 15, 2012; Image: Gazprom