The Gazprom headquarters hosted a meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Han Fennema, CEO and Chairman of the Executive Board of Gasunie.

As part of the meeting, the parties signed a Framework Agreement on cooperation in the area of small scale LNG. 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.

The parties also looked 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. In addition, the possibility of building LNG filling stations is also being contemplated within the project.

“Gazprom and Gasunie will be actively developing the small scale LNG business in Europe. Joint infrastructure projects will make it possible to diversify the supply routes as well as broaden the use of natural gas in European countries,” said Alexey Miller.

“LNG has a clear role to play as a cleaner fuel alternative for maritime vessels, ferries, trucks and industrial applications throughout Europe. It supports European Union environmental priorities. It will help ship and truck owners to follow stringent European emission regulations”, said Han Fennema.

During the meeting matters of security of gas supply to the European market were also discussed. It was stipulated that cooperation in development of new gas infrastructure would help to secure a stable and affordable energy supply for Europe.

About Gazprom

Gazprom is a global energy company. Its major business lines are geological exploration, production, transportation, storage, processing and sales of gas, gas condensate and oil, sales of gas as a vehicle fuel as well as generation and marketing of heat and electric power.

Gazprom views its mission in reliable, efficient and balanced supply of natural gas, other energy resources and their derivatives to consumers.

Gazprom holds the world’s largest natural gas reserves. The Company’s share in the global and Russian gas reserves makes up 18 and 72 per cent respectively. Gazprom accounts for 14 and 74 per cent of the global and Russian gas output accordingly. At present, the Company actively implements large-scale projects aimed at exploiting gas resources of the Yamal Peninsula, Arctic Shelf, Eastern Siberia and the Far East, as well as hydrocarbons exploration and production projects abroad.

Gazprom is a reliable supplier of gas to Russian and foreign consumers. The Company owns the world’s largest gas transmission network – the Unified Gas Supply System of Russia with the total length of over 168 thousand kilometers. Gazprom sells more than half of overall produced gas to Russian consumers and exports gas to more than 30 countries within and beyond the former Soviet Union.

About Gasunie

Gasunie (N.V. Nederlandse Gasunie) is a European gas infrastructure company. Gasunie’s network ranks among the largest high pressure gas pipeline grids in Europe, consisting of over 15,000 kilometers of pipeline in the Netherlands and northern Germany, dozens of installations and approximately 1,300 gas receiving stations.

The annual gas throughput totals approximately 125 billion cubic meters. Gasunie offers transport services via its subsidiaries Gasunie Transport Services B.V. (GTS) in the Netherlands and Gasunie Deutschland in Germany.

With its cross-border gas infrastructure and its services Gasunie facilitates TTF, which has developed into a leading and strongly growing European gas trading hub. The company also offers other services in the gas infrastructure field, including gas storage and LNG.