Gazprom, Axens and IFP are Developing Cooperation in the Field of LNG

The parties discussed the cooperation prospects for Gazprom, Axens and IFP in the area of natural gas liquefaction. It was noted that the partnership between the companies was aimed at joint development and approbation of the Russian-French natural gas liquefaction technology – «Gazprom- Liquefin».

The parties agreed on signing an interaction agreement, under which a demonstration commercial LNG plant would be built and where the joint «Gazprom- Liquefin» trademark would be registered.

«This advanced technology will enable to reduce our dependence on external suppliers, produce LNG equipment in Russia, train domestic specialists in using the relevant know-how, and promote Gazprom’s image of a global energy company», said Vlada Rusakova.

«We are pleased to enter into partnership with a prestigious company such as Gazprom and industrialize with them this new leading edge technology for the production of LNG», said Jean Sentenac.