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Permit for Yamal LNG to sell LNG to Gazprom’s ex-subsidiary renewed until 2040

In 2015, Yamal LNG signed a long-term contract for supply of 2.9 mln metric tons of liquefied natural gas to Gazprom Marketing & Trading Singapore

MOSCOW, February 9. /TASS/. The Russian government renewed the authorization for supplies of liquefied natural gas from the Yamal LNG project to Sefe Marketing & Trading Singapore (former Gazprom Marketing & Trading Singapore) until 2040.

Prime Minister Mikhail Mishustin signed the relevant decree on February 9. The authorization was limited by December 31, 2024 earlier.

In 2015, Yamal LNG signed a long-term contract for supply of 2.9 mln metric tons of liquefied natural gas to Gazprom Marketing & Trading Singapore. The effective period of the agreement is over twenty years. LNG was planned for deliveries to markets of the Asia-Pacific Region.