Gazprom in carbon co-operation

Gazprom Marketing & Trading (GM&T), a subsidiary of Russian natural gas giant Gazprom OAO, has concluded its first transaction of forward-delivered Certified Emissions Reduction carbon credits with a Japanese company.

The deal, the first for Gazprom with a major Japanese downstream customer, was transacted with trading company Marubeni Corporation. The credits were sourced from Clean Development Mechanism projects financed by Gazprom.

Marubeni and GM&T also agreed to conduct a feasibility study to

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