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  4. Vitol inks LNG purchase agreement with Gazprom Marketing & Trading Singapore

Vitol inks LNG purchase agreement with Gazprom Marketing & Trading Singapore

 

Published by
 Hydrocarbon Engineering,

Vitol has signed a multi-year LNG purchase agreement with Gazprom Marketing & Trading Singapore Pte Ltd (GM&T Singapore).

The agreement will cover the supply of around 300 000 tpy of LNG from 2018. The LNG supply will come from GM&TS’s diversified LNG portfolio.

Pablo Galante Escobar, Vitol’s Head of LNG, said: “We are delighted to be working with Gazprom Marketing & Trading a subsidiary of Gazprom, the world’s largest producer of natural gas. Vitol is an established participant in LNG markets globally and this development will strengthen our offering to customers world-wide.”