Russia's Gazprom, Japan's Itochu sign MOU on Baltic LNG project
12/13/2018
MOSCOW, (Reuters) - Russian gas producer Gazprom signed a memorandum of understanding with Japanese trading house Itochu Corp confirming the companies’ joint interest in the Baltic LNG project, Gazprom said.
Itochu Corporation is one of Japan's largest general trading companies. It is engaged in oil & natural gas production and processing and LNG projects.
The Baltic LNG project envisages the construction of an LNG plant with the annual capacity of 10 million tons in the port of Ust-Luga, Leningrad Region.
(Reporting by Vladimir Soldatkin Writing by Tom Balmforth Editing by Polina Devitt)
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