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PRIMA NEWS > Blog > Uncategorized > Russia does not rule out LNG exports stagnating in next 4 years
Russia does not rule out LNG exports stagnating in next 4 years
Uncategorized

Russia does not rule out LNG exports stagnating in next 4 years

Prima News
Last updated: May 9, 2024 10:56 am
Prima News
Published: May 9, 2024
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CommoditiesEnergy

24 April 2024, 8:00 pm 1 minute

Primanews exclusively reported that Russia’s liquefied natural gas exports could stagnate in the next four years under the two less-rosy of three Economy Ministry scenarios – a sign that Western sanctions might be cramping Moscow’s energy plans.

Market Impact

Russia says it wants to secure 20% of the global LNG market by 2030-2035, compared to around 8% at present, thanks to new plants predominantly located in the Arctic.

Article Tags

Topics of Interest: CommoditiesEnergy

Type: Primanews Best

Sectors: Commodities & Energy

Regions: Europe

Countries: Russia

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

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