Gazprom sells US LNG to China
Russian energy company Gazprom has shipped 1 million tonnes of liquefied natural gas (LNG) to China, as the US gas market has an unfavourable pricing environment, says Alexander Medvedev, deputy chairman of Gazprom’s management committee and director general of OOO Gazprom Export.
"We have a terminal in California and two projects in the US at the moment, and owned 1 million tonnes of LNG," said Medvedev in a select press briefing last night (February 9.) "We looked to market it in the US, but only with a favourable pricing environment. Because the environment for the Henry Hub was not favourable, we sold it in the Asia-Pacific, specifically China."
Medvedev confirmed Gazprom is looking at more opportunities in the US, conducted through its subsidiary London office. He
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