Gazprom has supplied today its first liquefied natural gas to the Isle of Grain terminal (Great Britain).

This operation was effectuated through Gazprom's daughter company Gazprom Marketing & Trading.

The cargo purchased from Gaz de France was sold ex ship to BP which owns capacity at the terminal.

The volume of the LNG averaged 140,000 cu m (85 MMcm of natural gas).

Reference:

Gazprom Marketing & Trading Ltd, a British-based subsidiary of Gazprom, was established in 1999 and has the greatest potential to supply gas to end customers. In August 2005 the company sealed an agreement for LNG supply to the USA with British Gas Group and Shell Western BV. The first LNG carrier arrived at the Cove Point regasification terminal (Maryland, USA) on September 2, 2005.

Gaz de France is a major European natural gas company engaged in gas exploration, production, marketing and distribution. On November 23, 2005, Gazprom and Gaz de France struck the first pipeline gas for LNG swap deal. In early December 2005, a tanker filled with LNG was sold to Shell Western LNG at the Cove Point regasification terminal (Maryland, USA).

British Petroleum is the world’s largest non-governmental oil & gas company. BP’s major business lines are oil & gas field development, wholesale and retail trading in refined products, gas marketing & gas-fired power generation and petrochemicals. BP is a leader in the global trade with LNG.