2019-04-01 11:27:00
RUSSIA'S LNG WILL UP
TASS - The share of liquefied natural gas (LNG) on the global gas market may double to reach 70% by 2040, Russia's Energy Minister Alexander Novak said at the Krasnoyarsk Economic Forum on Friday.
"The segment of LNG production has huge potential. As of today, the share of LNG in global (gas) trade stands at 35%, whereas by 2035 it will exceed 50% and reach 70% by 2040," he said.
Novak said that Russia will be working towards boosting substantially its share on that market, adding that its LNG production potential is around 100 mln tonnes per year.
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Earlier:
2019, March, 22, 10:30:00
COMPETITIVE RUSSIAN LNG
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Chronicle:
2022, January, 21, 10:54:00
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2022, January, 21, 10:52:00
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The next edition of the International LNG Congress (LNGCON 2022) takes place in Dusseldorf, Germany on March 28-30, 2022. Covering the whole LNG value chain, the Congress brings together decision makers of the industry to tackle the most relevant issues such as the role of LNG in the transition towards zero-carbon shipping.
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