Russia Could Supply US Gas Under New Landmark Deal

The US may be supplied with gas from Russian state-controlled Gazprom under a potential ground-breaking deal with BP, Russian and UK sources claimed today.

BP is believed to have offered Gazprom a stake in a key liquefied natural gas operation in Trindad and Tobago as part of a strategic alliance agreed in June this year.

Russian newspaper Vedomosti claimed that a source working for BP's Russian venture revealed that Gazprom was considering the offer.

The Atlantic LNG operation in Trinidad and Tobago is the largest supplier of liquefied natural gas to the US, shipping one billion cubic feet per day.

In a statement, BP in the UK said it is having ongoing discussions with Gazprom which could cover any part of its portfolio.

Reported by staff writer