Business · Energy & Commodities · 8 hrs ago
Gazprom says ASEAN needs underground gas storage
Gazprom says ASEAN countries have shown interest in underground gas storage as the Russian company develops ties with the region.
ASEAN is a group of Southeast Asian countries that Gazprom describes as a priority region.
Underground storage can hold gas for later use, while LNG facilities handle liquefied natural gas.
Gazprom also cited interest in geodesy and gas production.
The company says it can provide gas, technology and staff training for projects in the region.
It said Global South countries are expected to use 70% of global gas demand by 2050, out of a projected total of 5.7 trillion cubic metres.
Gazprom did not announce specific projects or a timetable for building facilities.
Gazprom says underground gas storage facilities are needed as part of its cooperation with ASEAN.
Deputy Department Head Yury Dyachenko spoke at the Russian Energy Week forum.
Dyachenko said ASEAN countries have shown interest in geodesy, production and underground gas storage.
Gazprom also noted ASEAN’s need for large- and medium-scale liquefied natural gas facilities.
He said Gazprom could provide resources, technologies and personnel training.
- Who
- Gazprom and the Association of Southeast Asian Nations (ASEAN).
- What
- Gazprom says ASEAN needs underground gas storage facilities and notes demand for LNG facilities.
- When
- October 15, 2026.
- Where
- The announcement was made at the Russian Energy Week forum; the forum’s location is Not stated.
- Why
- Gazprom identified interest in underground gas storage and a need for LNG facilities as part of its interaction with ASEAN.
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- Organization
- Gazprom
- Regional partner
- Association of Southeast Asian Nations (ASEAN)
- Storage type
- Underground gas storage (UGS)
- Speaker
- Yury Dyachenko, deputy department head
- Forum
- Russian Energy Week
What people are saying
Specifically in the ASEAN countries, we noticed quite a lot of interest in geodesy, production, and, I will highlight this separately, in UGS
We can assist both with the resource and technologies, and directly with personnel training