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Gazprom ready to examine possibility of additional LNG supplies to Japan

Oct. 17, 2011

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The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Masami Iijima, President and Chief Executive Officer of Mitsui.

Working meeting between Alexey Miller and Masami Iijima
Masami Iijima
Alexey Miller (center)

The parties discussed the possible areas of cooperation to restore sustainable energy supply in Japan.

The parties were unanimous saying that Gazprom's additional LNG volumes were very important for the energy supply stabilization in the country.

Alexey Miller said that, if necessary, Gazprom was ready to examine the possibility of additional LNG supplies to Japan.

During the negotiations the issues of perspective interaction between the companies as part of the Sakhalin II project were closely examined.

The possible directions of cooperation in gas processing and gas chemistry as part of the Eastern Gas Program were also discussed.

The Japanese party noted that LNG demand would rapidly grow opening up new horizons for cooperation with Gazprom.

Summing up the meeting Alexey Miller said, "I would like to pay special attention to the fact that today's negotiations have been based on a positive attitude of both parties to large-scale cooperation in the gas sector."