Russian companies could take stakes in Baltic LNG project

Russian companies could be among the shareholders in Baltic LNG, according to Gazprom Chief Executive Alexei Miller.
By Staff reporter 3 July 2017 0 26598

Russian companies could be among the shareholders in Baltic LNG, Gazprom Chief Executive Alexei Miller said at a press conference.

“We have already talked this through with Shell about their stake in the project’s shareholder capital. Who else could be a shareholder? Those with experience. Russian companies could be among the shareholders of this project,” he said.

Miller added the shareholder structure would not be decided until the feasibility study had been completed, which is scheduled to take nine months. 

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