Gas Natural, Gazprom Strike LNG Trading Deal

Law360, New York (July 21, 2008, 12:00 AM EDT) -- Spain's Gas Natural SDG SA and a subsidiary of Russia's OAO Gazprom announced a deal on Monday that will allow them to complete short-term liquefied natural gas trades quickly in the future.

Since signing off on the LNG trading deal on July 2, Gas Natural and United Kingdom-based Gazprom Marketing & Trading Ltd. have agreed to discuss additional potential business opportunities in pipeline gas transactions and power and carbon trading activities in order to better diversify their portfolios among countries and products.

“When opportunities come and...
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