Russia does not rule out LNG exports stagnating in next 4 years | Reuters News Agency
CommoditiesEnergy

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

Reuters 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: Reuters Best
Sectors: Commodities & Energy
Regions: Europe
Countries: Russia
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
FILE PHOTO: The Nikolay Yevgenov, a ship carrying Russian liquefied natural gas (LNG), is seen next to the terminal of Spanish gas grid operator Enagas ENAG.MC at the port of Barcelona, Spain, June 4, 2022. REUTERS/Nacho Doce/File Photo
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