09SEP2019 - NEWS - Gazprom Neft, USC Join for LNG Project

Russian oil producer Gazprom Neft, Gazprom gas-engine fuel, and the United Shipbuilding Corporation (USC) have concluded a tripartite cooperation and strategic partnership agreement on developing a liquid natural gas (LNG) fleet and related infrastructure.The memorandum was signed by Gazpromneft Marine Bunker Acting CEO Alexei Medvedev, Gazprom gas-engine fuel, Director General Oleg Melekhin, and USC President Alexey Rakhmanov. The agreement envisages the parties cooperating in research and development activities directed at creating production capacity both for building vessels running on LNG, and in developing LNG infrastructure. The parties also plan collective engagement with shipping companies — potential purchasers of LNG vessels.