Gas for Transport

Rosneft and Beijing Gas to jointly develop CNG filling stations in Russia

Russian major Rosneft signed an agreement on the creation of a joint venture with China’s Beijing Gas on Thursday aimed at developing a network of 170 CNG filling stations in Russia.
By Staff reporter 30 November 2018 0 33511

Russian major Rosneft signed an agreement on the creation of a joint venture with China’s Beijing Gas on Thursday aimed at developing a network of 170 CNG filling stations in Russia.

Under the agreement, Beijing Gas will have a 45% stake, Rosneft said in a statement. The parties will also consider building LNG filling stations.

“Development of the CNG station network in Russia is among the key priorities of Rosneft’s Retail Business. It is consistent with Rosneft-2022 Strategy and with the Instruction of the...