Gazprom, PTT Ink O&G Deal

Alexey Miller, Chairman of the Gazprom Management Committee, and Tevin Vongvanich, President and Chief Executive Officer of the Thai state-owned company PTT, today signed in Saint Petersburg the Memorandum of Understanding on cooperation in the oil and gas industry.

The signing ceremony was held in the presence of Dmitry Medvedev, Prime Minister of the Russian Federation, and Prayut Chan-o-cha, Prime Minister of the Kingdom of Thailand.

A working meeting between Alexey Miller and Tevin Vongvanich also took place today. The parties addressed the potential avenues for cooperation. Among the topics discussed were the collaboration prospects for hydrocarbon development, joint LNG projects, LNG and LPG trading, and exchange of experience in the oil and gas industry.