Then sell in the arctic a plan for liquefying the gas to make a exportable and the russians are aiming to increase their stake in the world market considerably and this will be one tool one step in that direction last year they had about 8 percent of the gas market in their aiming for 20 percent by the year 2035 and certainly with partners from from india or from china looking to develop markets there the russians have something that both those countries with a huge populations and their Economic Growth will be needing Energy Diversified and the sources to feed to move and to help people produce things but gas has become a hot potato in a geo political times recently hasnt it how significant is this. I think this could also be significant because donald trump has been putting pressure on germany to reduce germanys dependence on russian gas gases by volume Energy Consumed the 2nd most Important Energy source for the germans and they get most of their gas by far from the russians and tru
Announced a 21000000000. 00 liquefied natural gas project in the arctic the pipelines are expected to be completed by a 2025 and is seen as an important part of russias plans for Market Expansion into asia the privately run will run. Majority with frances total 2 Chinese Companies and one japanese from owning and remained. Bring in financial correspondent at the Frankfurt Stock Exchange what else do we know so far about this project. Well the exports are supposed to start by 2023 the project entails among others developing the gas field of course as a prerequisite and then also building right on the spot on the guy down poland and instill in the arctic a plan for liquefying the gas to make a exportable and the russians are aiming to increase their stake in the world market considerably and this will be one tool one step in that direction and last year they had about 8 percent of the surface market in there aiming for 20 percent by the year 2035 and certainly with partners from from ind
Market considerably and this will be one tool one step in that direction last year they had about 8 percent of this gas market in their ending for 20 percent by the year 2035 and certainly with partners from from india or from china looking to develop markets there the russians have something that both those countries with a huge populations in their Economic Growth will be needing Energy Diversified Energy Sources to feed to move and to help people produce things but gas has become a hot potato in a geo political times recently hasnt it how significant is this. I think this could also be significant because donald trump has been putting pressure on germany to reduce germanys dependence on russian gas gases by volume Energy Consumed the 2nd most Important Energy source for the germans and they get most of their gas by far from the russians and trump has put pressure on the germans and im interested to see you know were seeing negotiations probably going to start in october between the
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