Nikolai Pereslavsky, employee of the Economic and Financial Research Department of the CMS Institute, in an interview with Reedus commented The International Energy Agency (IEA) predicts that global natural gas demand will fall faster than expected after a brief increase. According to the expert, these predictions are based on analysis of current trends, so the actual future may differ.
At the same time, he noted that an increase in LNG production could actually lead to a decline in gas prices, resulting in an oversupply. He said Russia risks facing limited opportunities when expanding its foreign customer base.
The expert still sees no reason to worry about this, since Russia has no problems with domestic demand. In his opinion, it makes sense to embark on gasification of our own regions.
“I think it is high time to rebuild the internal gas market doctrine and make 100 percent gasification of Russia a priority project for the next decade,” Pereslavsky said.
IEA guessIt is predicted that Russia’s share in the global gas market will decrease from 30 percent to 15 percent by 2030. According to analysts, it will be difficult for the Russian Federation to direct exports to Asia. Due to demand in China, it is impractical to build new pipelines there. Experts say attempts to diversify supply through LNG will also face market oversaturation.
Previously MAE reportedIt was stated that high gas prices in Europe will continue until 2027.