Gazprom Secures Capacity at Energia Costa Azul LNG Terminal
Posted on Apr 9, 2009 in Canada & Mexico, Markets and Competition, Regas Terminals & Capacity | Comments Off on Gazprom Secures Capacity at Energia Costa Azul LNG Terminal
Russian gas company Gazprom has purchased a share of Royal Dutch Shell’s regasification capacity at the Energia Costa Azul LNG import terminal on the Pacific coast of Baja California. The deal, worth $5 billion over 20 years, will allow Gazprom to commence shipping LNG supplies from the Sakhalin II liquefaction facility to the United States and other Pacific Basin markets. The San Diego Union-Tribune provides additional coverage.