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Gazprom Export, Gasunie sign memorandum of cooperation

October 26, 2012, 3:05 UTC+3

Gazprom and Gasunie have worked together for several years in different fields as part of a scientific-technological cooperation programme

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MOSCOW, October 26 (Itar-Tass) — Following discussions during the St. Petersburg Economic Forum in June 2012 Gazprom Export (Russia) and Gasunie (the Netherlands) signed a Memorandum of Understanding on cooperation in the field of development of small scale LNG.

The memorandum was signed by Alexander Medvedev, General Director of “Gazprom Export LLC” and Paul van Gelder, Chairman of the Executive Board, CEO of Gasunie.

The document aims to establish cooperation between the companies in promoting the utilization of infrastructure for the loading of smaller parcels of liquefied natural gas (LNG) for transport by sea and/or land and the usage of LNG as a fuel for bunkering for marine and river transport. With this cooperation Gazprom may also become a potential customer of the open-access breaking bulk terminal which is planned to be developed near Rotterdam. The purpose is to make LNG available for distribution to marine bunkering and truck fuelling stations. In this way LNG can be used as a clean alternative transport fuel, Gazprom Export said.

Gasunie participates in the development of this LNG Break Bulk services as an independent, open access infrastructure provider.

“The vast experience in the field of LNG production and supply as well as a possibility to realise some new large scale projects in this sphere will enable our companies to enlarge their joint contribution for the European gas market”, Medvedev said.

“This Memorandum is a next step in the cooperation between Gasunie and Gazprom Group. The development of small-scale LNG is important because of the superior environmental benefits of LNG as a motor fuel for both ships and trucks. LNG as a transport fuel is a solution for the transport sector which, in particular for shipping, will be confronted with stringent EU emission requirements as of 2015. I am very happy that we can work together with Gazprom Group in developing this opportunity”, van Gelder said.

Gazprom and Gasunie have worked together for several years in different fields as part of a scientific-technological cooperation programme.

Gazprom Export is a 100 percent subsidiary of Gazprom, which specialises in natural gas delivery to foreign countries. Its product portfolio also includes oil and oil products, gas condensate, sulfur, liquefied hydrocarbon gases, black carbon and oil and gas chemicals. Germany, Turkey, Italy, France and Poland are among its main customers. Gazprom Export also operates in new fields, is actively mastering markets in other continents, primarily in Asia.

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 kilometres of pipeline in the Netherlands and northern Germany, dozens of installations and approximately 1,300 gas receiving stations. The annual gas throughput totals around 125 billion cubic metres. Gasunie offers transport services via its subsidiaries Gas Transport Services B.V. (GTS) in the Netherlands and Gasunie Deutschland in Germany. The company also offers other services in the gas infrastructure field, including gas storage, LNG and certification of green gas through its subsidiary, Vertogas.

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