GAC signs gas deal

Gazprom Global LNG Ltd has signed a worldwide multi-service agreement with shipping, logistics and marine services provider GAC.

Gazprom Global LNG is a 100 per cent indirect subsidiary of OAO Gazprom, said to be the world’s largest natural gas company by reserves. Its activities include global trading and shipping of own and third-party LNG and business development of various LNG projects. It operates from offices in Kingston-upon-Thames, UK and Singapore.

The GAC Group says the deal takes advantage of the group’s suite of services for the oil and gas industry, ranging from ship agency, bunker fuels, weather routing and vessel performance management to maritime training.

“This deal with Gazprom Global LNG bears witness to the value of GAC’s full range of specialised and integrated services to the energy industry that can be tailored to meet the varying and evolving requirements of every client, helping them to reduce costs and increase efficiency,” says Sami Younis, GAC’s Marketing Manager – Shipping.

“We are pleased and proud to become Gazprom Global LNG’s chosen partner and look forward to a long and mutually rewarding relationship, supporting their ongoing international expansion.”

Frederic Barnaud, President and Managing Director of Gazprom Global LNG, adds:

“We are pleased to conclude this agreement with GAC and look forward to working together, thus extending the global reach and efficiency of our LNG shipping operations.”