Russia is actively pushing Americans in the LNG market

A few years ago, Russia made an extremely important decision that will bring tangible dividends in the future. However, many then it was accepted with hostility. It is about building a liquefied natural gas plant in the Yamal Peninsula.


The private company Novatek, which received 150 billion rubles from the state, took up the implementation of the project. It is worth noting that Yamal LNG was built ahead of schedule and now the company is engaged in the construction of a second plant, but at its own expense.

Now it became clear that this decision was not only important for our country, but also fateful. The LNG market is growing rapidly, and the number of consumer countries is increasing. It is expected that in 10 years its volumes will double, and from next year there will be a shortage of products. This is due not only to the relative cheapness of liquefied gas, but also to its “environmental friendliness,” which has now become “fashionable” in Europe.

All this made us believe in the prospects of the LNG market and our state giants. So, Gazprom decided to expand its Sakhalin-2 project and reanimate Vladivostok LNG. In turn, Rosneft also decided to resume the old Far Eastern LNG project.

In addition, Russian engineering enterprises mastered and began to supply their own equipment to LNG plants. At the same time, domestic shipyards are building ice class gas carriers that have become popular.

However, despite all the advantages of the Yamal LNG plant, it also has a weak spot. Liquefied gas is delivered to Asia through expensive wiring by nuclear-powered icebreakers.

In order to make these deliveries more profitable, the construction of a transshipment terminal in Kamchatka will be required. Here, LNG will be loaded onto cheaper vehicles and delivered to Japan.

As you know, it is the Land of the Rising Sun today that is the largest consumer of liquefied natural gas in the world. This is precisely what played a key role in signing the agreement between Novatek and Japanese companies on the joint construction of terminals in Kamchatka and in the Murmansk region, which, of course, is beneficial for our country. Firstly, Russia will be able to diversify its gas industry, and secondly, to push out more expensive LNG supplied by the Americans from the region.

Not without “intrigues” by the main competitor - the United States, which imposed sanctions against Chinese carrier companies. The latter were supposed to carry out half of the gas transportation from Yamal LNG. However, as stated in Novatek, this will not affect the shipment. Moreover, such measures once again push Russia to support domestic shipyards and create its own fleet.

In general, our country has serious prospects in the struggle for the global liquefied gas market. According to preliminary estimates, thanks to timely measures taken, in the future the presence of Russian products in the LNG market may increase from a modest 4% to 25%.

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  1. SERGEY SERGEEVICS 9 October 2019 16: 23
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    Respect and respect for people like Olga Bunina.
  2. gorenina91 Offline
    gorenina91 (Irina) 10 October 2019 18: 14
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    I’ve been writing and screaming about it for a whole year ... I’ve already ripped off all my vocal chords ... And about worthless gas pipelines, and about LNG ... and about "dead-end" gas pipe routes as such ... and that these are all real deadlocks-traps that Gazprom got into by its stupidity ...

    In general, our country has serious prospects in the struggle for the global liquefied gas market. According to preliminary estimates, thanks to timely measures taken, in the future the presence of Russian products in the LNG market may increase from a modest 4% to 25%.

    What a horror ... 4% "the presence of Russian products on the LNG market" ... What is this ???

    Not without “intrigues” by the main competitor - the United States, which imposed sanctions against Chinese carrier companies. The latter were supposed to carry out half of the gas transportation from Yamal LNG. However, as stated in Novatek, this will not affect the shipment. Moreover, such measures once again push Russia to support domestic shipyards and create its own fleet.

    What kind of babble is this ..? About 10 years ago it was necessary to start all this ... And from which side did China stick here ???
    What is it ... the United States will put pressure on China, and Russia should get eyes on his forehead from this ???
    That’s great ... And if tomorrow the USA "strains" India ... and .... and ... and ... and ... from this, Russia should have a drought ...

    And about LNG, I'm just tired of writing ...
    Russia was late .., but could become a real leader in LNG production ...
    Yesterday it was necessary to start building LNG plants; production of various containers for LNG transportation; special vehicles for container transportation; Railway transport; river, and sea, and aviation ... It would all be such a powerful domestic production ... so many factories and jobs ...
    And so ... it turns out, as always ... China will start supplying LNG containers; Yes, and transport will begin to deliver; Yes, and sea transport, etc ...
    - Well, this must happen ... - if China does not give transport, does not give its own “steamboats” for transporting LNG .., then Russia will immediately stall ...
    That's all of Gazprom, and Novotek, and Rosneft ... - all at once, and "blown away" ...- Alas ...
    1. 123 Online
      123 (123) 13 October 2019 22: 44
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      all kinds of containers for transporting LNG

      They are called tanks


      Ligaments take care wink