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    Reuters: Shell, Japan Firms May Get Stake in Gazprom's Baltic LNG - Russian Newspaper

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Summary

Russian major Gazprom could give up to a 49% stake in its Baltic LNG project to a partner. Shell or a consortium of Japanese firms are said to be in the running

by: Erica Mills

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Reuters: Shell, Japan Firms May Get Stake in Gazprom's Baltic LNG - Russian Newspaper

Russian gas company Gazprom may offer up to 49 percent in its Baltic LNG project to a strategic partner and the most likely candidates are Royal Dutch Shell or a consortium of Japanese firms, Russia's Kommersant newspaper said on Wednesday.

The agreement may be signed this week during an economic forum in Russia's second city of St Petersburg, it reported, quoting sources in the gas industry.

Gazprom declined to comment.

Read the full article HERE.

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