Advertisement
AlexandeR KlimentyeV, Andrej Haug, Amina Talipova, and Minzalya Ishmuratova, part of a Russian small and mid scale LNG research group, investigate the new role of the Russian gas industry.
Given recent market and technology developments, LNG is among the most rapidly developing global energy industry sectors. Competition is getting more stringent, and governments use a broad range of stimuli, from tax benefits to direct product marketing, to promote their producers.
In April 2020, the Russian Government approved the Energy Strategy up to 2035 to maintain the international energy market share and ensure domestic energy security. Following the Energy Strategy, it is hard to achieve these goals without a substantial LNG production increase. Target LNG output is set from 80 million tpy to 140 million tpy by 2035, which will raise the LNG share of the total gas production from 4.2% in 2018 up to 22.4%.