Russia's Gazprom, UAE Discuss Possible Joint LNG Trading - Energy Minister

Russia's Gazprom, UAE Discuss Possible Joint LNG Trading - Energy Minister

Russia's Gazprom gas giant and the United Arab Emirates (UAE) are discussing possible joint trading of liquefied natural gas (LNG), Russian Energy Minister Alexander Novak told reporters on Sunday

BELGRADE (Pakistan Point News / Sputnik - 20th October, 2019) Russia's Gazprom gas giant and the United Arab Emirates (UAE) are discussing possible joint trading of liquefied natural gas (LNG), Russian Energy Minister Alexander Novak told reporters on Sunday.

"Primarily, we are discussing matters related to trading of jointly produced liquefied natural gas. Today the market is getting more globalized and the United Arab Emirates has its interest and specialization, that is the country is discussing such an option with Gazprom," Novak said.

The minister added that Russia's Novatek energy giant may be also interested in such projects.