Russian gas monopoly OAO Gazprom has set up a U.S. subsidiary based in Houston to supply LNG to U.S. markets.
Gazprom Marketing & Trading USA will be headed by John Hattenberger, who has been LNG director for London-based Gazprom Marketing & Trading Ltd. since mid-2005.
LNG marketing "is not the kind of business where we could operate on our own. We are establishing partnerships with a number of major players in this field," Hattenberger told a Russian trade publication.
In August 2005, Gazprom inked a supply agreement with Shell Western BV and BG Group, a UK-based natural gas company, to supply LNG to the U.S. market. Gazprom's first LNG carrier arrived at a Cove Point, Md,. LNG terminal last September.
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