Exxon, Conoco Could Join Gazprom's Yamal LNG Projects
2008-11-19
Russia’s Gazprom is considering U.S. majors Exxon Mobil and ConocoPhillips for its liquefied natural gas (LNG) projects in Russia’s Arctic Yamal region, its deputy chairman said on Tuesday.
Alexander Medvedev also said Conoco could gain access to gas deposits in Yamal in exchange for Russian gas export monopoly Gazprom joining gas projects in Alaska.
«The list (of possible participants) is currently being made, but we do not exclude majors such as Exxon Mobil and Conoco from joining the project,» Medvedev told reporters on the sidelines of a gas conference.
In the summer Gazprom said it saw Royal Dutch Shell as one of its potential partners in LNG projects in the
Time frames of potential projects are not yet known.
Medvedev also said Conoco could gain access to the Yuzhno Tambeisky gas deposits in Yamal.
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Source: AFX News Limited
