GM&T signs sale and purchase agreement with Korea Gas Corporation

Gazprom Marketing and Trading Singapore (GM&T Singapore), a wholly owned subsidiary of Russian gas company Gazprom has signed a sale and purchase agreement withSouth Korea’s natural gas company, the Korea Gas Corporation (Kogas). Under the agreement, GM&T Singapore will supply up to eight cargo units of LNG per annum to Kogas in 2013 and 2014, totalling up to 1 million tonnes over two years.