Main page > Products > The fuel and energy complex of Russia - Series of analytical reports > Outlook for Russian LNG Industry

Outlook for Russian LNG Industry

Outlook for Russian LNG Industry

European sanctions and Brussels’ policy of abandoning Russian energy resources plus the destroyed Baltic gas pipelines have shut in Russia a respectable volume of pipeline gas that cannot promptly be sent to alternative markets. This would seem a strong argument in favour of developing LNG production in Russia.

Seaborne supplies of gas are much more flexible, so if Russia had appropriate capacity it could repeat the success of the oil industry.

One year into the military operation in Ukraine, oil companies have not lost their export volumes: from Europe crude oil and petroleum products have gone to other markets and surprised Western forecasters.

There is one “but” here, however: so far Russia has not a large-scale LNG production process of its own, while foreign technology partners are in a hurry to leave Russian projects. Neither can Russia build gas tankers for Arctic conditions that are necessary to carry LNG. So the salvation strategy that seems evident is not that easy to implement.

The new NESF report must give the answer to the question about what part of the plans for dramatic increase in LNG production in Russia can be considered realistic.

The new report looks into the following subjects:

Situation with plants under construction

  • How realistic the declared deadlines and sizes are

Possible and likely LNG projects

  • An audit of the plans of Novatek, Gazprom, Rosneft, and other companie

Technological challenges and possible problems with equipment

  • Compressors, pumps, gas turbines, heat exchangers: key weak spots and options for their removal

Economics and competitiveness of Russian projects

  • Cost of production, liquefaction, and logistics

The result?

  • Can the production level of 100 million tonnes be reached by 2030?
  • How will Russia fit into the global sector development scenarios?

Contents of the report:

INTRODUCTION 3
1. ACTIVE, EMERGING AND PLANNED LARGE AND MEDIUM-SCALE LNG PLANTS IN RUSSIA 4
Active and Emerging LNG Plants 5
Possible and Likely LNG Projects 7
2. TECHNOLOGICAL CHALLENGES 15
Liquefaction Technologies 15
Equipment 18
3. ECONOMICS AND COMPETITIVENESS OF RUSSIAN PROJECTS. MATTERS OF LOGISTICS 22
4. HOW REALISTIC DECLARED LNG ‘TIMING’ IS 29
Date of release: June 19, 2023

If you are interested to obtain please contact » Elena Kim

Other issues:
Bookmark and Share

Analytical series “The Fuel and Energy Complex of Russia”:

Gazprom in the period of expulsion from the European market. Possible evolution of the Russian gas market amid impediments to exports
Russia’s New Energy Strategy: on Paper and in Fact
Outlook for Russian LNG Industry
Russian Energy and West One Year after Ukraine Conflict Began: Are There Connections Still?
Green Agenda in Russia during Bitter Conflict with West
After February 2022 the agenda was radically rewritten. Western companies began leaving Russia en masse, economic relations with the West were drastically reduced, and the Russian economy began to be pushed violently from the global economic space, hemmed in by sweeping sanctions. All that was, to put it mildly, not the best background for talking about ESG. Especially because tasks of survival and stability under unprecedented pressure became the priority in the economy. In late 2022, however, attempts to reanimate the ESG agenda already became obvious. The message is put across insistently that it is important to Russia regardless of the foreign policy situation. While earlier the “green pivot” was seen as an opportunity to attract Western investors and their technological solutions to Russia, now Keynesian reliance on domestic manufacture is discussed.

All reports for: 2015 , 14 , 13 , 12 , 11 , 10 , 09 , 08 , 07

Rambler's Top100
About us | Products | Comments | Services | Books | Conferences | Our clients | Price list | Site map | Contacts
Consulting services, political risks assessment on the Fuel & Energy Industry, concern of pilitical and economic Elite within the Oil-and-Gas sector.
National Energy Security Fund © 2007

LiveInternet