The agency recalled SEFE currently has access to supplies from Russia’s Yamal LNG through 2040, which is controversial in Berlin, where the authorities have locked the company to sever its links with Moscow
NEW YORK, April 10. /TASS/. SEFE (Securing Energy for Europe), does not plan to terminate the current contract on the Yamal LNG project for the supply of liquefied natural gas, company’s executive director, Frederic Barnaud said in his commentary to Bloomberg. Before nationalization by the German government SEFE was called Gazprom Germania and was a subsidiary of Gazprom.
“Yamal is a legacy contract. It’s a contract and we have to enforce it, and we are certainly not engaging in new Russian LNG deals,” Barnaud said.
The agency recalled SEFE currently has access to supplies from Russia’s Yamal LNG through 2040, which is controversial in Berlin, where the authorities have locked the company to sever its links with Moscow. Germany opposes LNG imports from Russia, though it hasn’t banned them, Bloomberg wrote.
Yamal LNG is the second Russian large-scale natural gas liquefaction project, which is is being implemented on the resource base of the South Tambeyskoye field on the Yamal Peninsula. Its shareholders are Novatek (50.1%), French Total (20%), Chinese CNPC (20%), and the Silk Road Fund (9.9%).
Source: Tass
