Pacific Rubiales Energy Corp. and Gazprom Marketing & Trading Singapore (GM&TS) sign a four year LNG Sale and Purchase Agreement

abarrelfullabarrelfull wrote on 05 Jan 2015 08:30
Tags: gazprom lng pacific-rubialescolombia s-america

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Following the 2013 announcement on Heads of Agreement with Pacific Rubiales Energy Corp. Gazprom Marketing & Trading are very pleased to announce the execution of a four year Sale and Purchase Agreement between Gazprom Marketing & Trading Singapore and Pacific Rubiales Energy Corp.

Gazprom Marketing & Trading Singapore will be the offtaker for approximately 0.5 million tonnes per annum of LNG from an offshore LNG terminal located in Tolu, on the Caribbean coast of Colombia.

Vitaly Vasiliev, CEO of GM&T commented: "We are thrilled to partner with Pacific Rubiales and to bring our technical, commercial and shipping expertise to this exciting project, which remains on track to become the world's first floating gas liquefaction plant in operation."

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