OVL showed keen interest in participating in the Sakhalin-3 and other fields. It was pointed out that the Company is in close talks with Gazprom to jointly develop projects to produce LNG, gas pipelines, its transportation and marketing. Indian side suggested swapping LNG imports of Japan from Qatar with the LNG that could be available from Russian sources like Sakhalin. Indian side also proposed participation of PLL in the projects along with OVL.
PLL informed that they would be soon finalizing the agreement for sourcing LNG from Russia under the pact arrived at with Gazprom. The Heads of Agreement for supply of about 2.5 million tones of LNG were signed recently at Singapore. The LNG is proposed to be sourced from Shtokman field. PLL further showed interest in importing more LNG as the demand in India was growing rapidly
PLL informed that they would be soon finalizing the agreement for sourcing LNG from Russia under the pact arrived at with Gazprom. The Heads of Agreement for supply of about 2.5 million tones of LNG were signed recently at Singapore. The LNG is proposed to be sourced from Shtokman field. PLL further showed interest in importing more LNG as the demand in India was growing rapidly