Gazprom to Consolidate Positions in Global LNG Market
OREANDA-NEWS. April 2, 2009. The Management Committee took notice of the information on measures taken to consolidate the positions of Gazprom in the global LNG market.
For the purpose of diversifying export routes, ensuring supply security and consolidating the Company’s leading positions in the international gas market the Management Committee tasked the specialized structural units to continue work aimed at implementing Gazprom’s Strategy in the area of liquefied natural gas (LNG) production and supply.
A decision was taken to address the issue of new promising LNG projects at one of the upcoming Management Committee meetings.
“As long as the LNG market globalization is deepening, the transit risks are increasing significantly and risky documents are signed without regard to the interests of Russia, we believe, it is necessary to take a new look at the LNG strategy and analyze the practicability of launching new projects in this area,” emphasized Alexey Miller, Chairman of the Management Committee during the meeting.
The issue of consolidating the positions of Gazprom in the global LNG market will be submitted to the Company's Board of Directors for consideration.
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