Ministry of Energy: Russia is going to increase the number of LNG plants to 4-5 by 2020, and their yield will be 40-50 million tons
Edited by Rhod Mackenzie / 2013-06-07 01:21:16
The Minister of Energy A. Novak reports that Russia is going to increase the number of LNG plants to 4-5 by 2020, and their yield will be 40-50 million tons. Now only 1 LNG plant operates in Russia with capacity of 10 million tons. The share of the country in the world should increase from 4% to 10% minimum by 2020. It’s also necessary to contract an LNG batch to the Asian states in 2016 – 2020. Otherwise, the chance to take a large share at the market will be lost, and it will be intervened by the Australian and East African companies. Mr.