Gazprom, Gasunie may build small-scale LNG terminal in Northwest Europe

Russian giant Gazprom and Dutch gas infrastructure company Gasunie signed a framework agreement on Thursday to cooperate on the small-scale LNG market in Europe.

“The document stipulates the cooperation in the small scale LNG market in Europe, with a focus on joint projects for the construction of LNG receiving terminals, LNG filling stations and other infrastructure facilities,” Gazprom said in a statement.

According to the statement, the two companies will also look into the possibility of initiating a joint pilot project for constructing a small LNG receiving terminal in Northwest Europe.

The terminal will be used for storing, shipping and selling LNG as a bunker and vehicle fuel as well as an energy source for autonomous gasification.

LNG World News Staff; Image: Gazprom