Russia: Gazprom, Itochu Discuss Vladivostok LNG Project

The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Eizo Kobayashi, President of Itochu Corporation.

The parties discussed the development directions for the mutually beneficial cooperation. In particular, the meeting analyzed the progress with the research activity required for the perspective project on an LNG plant construction near Vladivostok.

During the meeting the parties also discussed the possible participation of the Japanese company in gas chemical facilities construction in Russia, including the East of the country. It was noted that at the moment Gazprom neftekhim Salavat and Itochu were engaged in exploratory work on organizing a complex based on the pyrolysis plant in Bashkiria.

As Alexey Miller noted, “Summing up the meeting results, I can definitely say that cooperation between Russia and Japan will reach a new qualitative level.”

[mappress]

Source: Gazprom, October 19, 2011