Russia LNG Market Analysed in Topical Interfax Europe Survey Now Available at MarketPublishers.com07 Mar 2014 • by Natalie Aster
LONDON – As against other LNG-manufacturing nations, Russia’s LNG market is relatively undeveloped. As of 2012, the production volume is just over 10.45 million tonnes per year, representing nearly 5% of the globe’s total LNG. In the recent past, Russia has launched novel LNG projects. Thus, the Yamal LNG company was created to exploit the resources of the South Tambey field in the Yamalo-Nenets region. Furthermore, Russian signed a memorandum with Japan to build an LNG terminal in Vladivostok. Russia also plans to develop the Korovinsk and Kumzhinsk fields; this Pechora LNG project is in the initial preparation phase. The projects in the planning phase involve the construction of the Black Sea terminal as well as the Chukotka and Kamchatka LNG terminals.
Russia’s LNG production is primarily meant for high-growth Asian markets, specifically China, India, Taiwan, Japan, and South Korea. Moving forward, there is expected to be a noticeable growth in demand for gas in the region, of which LNG is set to account for nearly 50%.
Topical market survey “Russia’s LNG Projects” elaborated by Interfax Europe analyses the Russian LNG industry. The report provides true comprehensive insight into current projects to produce liquefied natural gas. The report also discloses information on leading trends in Russia’s LNG output and exports, major markets, and the latest regulation issues. An overview of each LNG project includes coverage of reserves, operations, and future plans. The report provides a discussion on the main LNG-producing companies, namely Gazprom, NovaTEK, and Rosneft.
Key LNG projects discussed: Sakhalin Energy LNG plant, Baltic LNG project, Yamal LNG project, Sakhalin LNG project, Pechora LNG, Vladivostok-LNG project, Shtokman Gas and Condensate Field Development Project.
Russia’s LNG Projects
Published: January, 2014
Price: US$ 820.00
More Russian Market Research Reports by Interfax Europe Include:
- Russia's Coal Sector
- Russia’s Construction Sector
- Russia's Agriculture Industry in 2012
- Russia’s Non-Ferrous Metals Industry in 2012
More market studies by the publisher can be found at Interfax Europe page.