Russian government announces plans to triple LNG production

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Russia plans to increase liquefied gas production from 33 million tonnes in 2023 to 110 million tonnes by 2030. This was stated by Deputy Prime Minister of the Russian Federation Alexander Novak at a presentation at the International Exhibition and Forum “Russia” at VDNKh. TASS.

It is stated that gas production in the Yamal cluster may increase from 20 million tons to 60 million tons at the end of ten years, from 2.2 million tons to 15 million tons in the Baltic cluster, and from 11 million tons in the Sakhalin cluster. It is planned to increase LNG production to 15 million tons, and LNG production in the Murmansk cluster to 20 million tons.

Global LNG demand in the first quarter of 2024, according to the Center for Price Indices will increase It will reach a record level, reaching 114 million tons with an increase of 10%.

Last week reportedIt was stated that South Korea doubled its liquefied natural gas (LNG) imports from Russia in January.

Before this, the Russian Ministry of Foreign Affairs announced that liquefied natural gas would be supplied from Russia to France for the nine months of 2023. grew up by 41%.

Previously in Moscow warned The EU about the consequences of limiting Russia’s gas purchases.

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