Trending News

By using our website, you agree to the use of our cookies.

Blog Post

Government wants to further liberalize LNG exports

Government wants to further liberalize LNG exports 

Deputy Prime Minister of the Russian Federation Yuri Borisov advocates further liberalization of the export of liquefied natural gas. He told the media on the sidelines of the Tyumen Oil and Gas Forum that the government would be considering this issue as part of developing a long-term program for LNG production in Russia.

 LNG tankers hurricane


“I think that to ensure competition market liberalization of LNG exports is advisable. And the light did not come together like a wedge only on the capabilities of the same Novatek, – noted Borisov.

“For example, Gazprom itself is an active player in this market segment. I know that Rosneft also has plans. In this regard, there may be other companies … So there will be competition and liberalization as a necessary condition for competition too, “said the Deputy Prime Minister.

Recall that the First Deputy Prime Minister of the Russian Federation Andrei Belousov, speaking at the Federation Council, said that the government intends to launch another regional gasification program – based on LNG.

“Now, in addition to gasification with network gas – this program, which is ongoing, albeit with some delay – we also plan to launch and develop gasification based on liquefied natural gas. There are very great prospects for this LNG. I am sure that this program will be launched next year, ”said Belousov.

Three ministries, Gazprom and Novatek are already preparing an LNG gasification program

Earlier, at the end of August, Prime Minister Mikhail Mishustin gave an order to Gazprom and Novatek following a trip to the Far East. The companies were instructed to develop a long-term program for the production of LNG.

“The Russian Ministry of Energy (A.V. Novak), the Russian Ministry for the Development of the Russian Far East (A.A. Kozlov), the Russian Ministry of Economic Development (M.G. Reshetnikov) together with PJSC Gazprom and PJSC Novatek ”to develop a long-term program for the development of liquefied natural gas production in the Russian Federation. Including for the purpose of gasification and energy supply of the constituent entities of the Russian Federation, investment projects, and other consumers, “the document says.

The results of the work done must be reported to the government by November 1, 2020. Deputy Prime Minister of the Russian Federation Yuri Borisov was appointed responsible for the execution of the order. : ///

Record The government wants to further liberalize the export of LNG first appeared TEKNOBLOG .

Related posts

Leave a Reply

Required fields are marked *