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Gazprom to boost gas to India from 2016-18 - source

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phantom power Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-03-11 08:48 AM
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Gazprom to boost gas to India from 2016-18 - source
Earlier Gazprom said it signed a memorandum of understanding to supply three Indian customers with an additional 7.5 million tonnes of liquefied natural gas (LNG) per year.

The source said the LNG will come from Gazprom's new projects, including Shtokman in the Barents Sea, increased capacity planned at its existing plant on the Pacific island of Sakhalin and volumes bought from third parties.

The source also said that Gazprom would soon secure similar memorandums with clients in Europe and North America.

The raft of memorandums underscores India's efforts to secure power for its fast-growing economy, already Asia's third largest.

http://news.yahoo.com/s/nm/20110602/india_nm/india574517
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