The global Liquefied Natural Gas (LNG) market has been continuously surging at a fast pace for the last few years. The world has witnessed a sharp increase in the number of liquefaction and regasification terminals during the past few years. Moreover, there has been a fast paced conversion to newer technology driven by economies of scale. Russia with a trusted name in the global energy trade with world’s largest natural gas reserves is slowly becoming a dominant force in the LNG market developments.
According to our report “Russian LNG Market Analysis”, Russian LNG production is anticipated to witness around 14% CAGR growth during 2010-2020. The continuous surge in Sakhalin-2 LNG output and excess capacity additions from Yamal and Shotkam fields will amplify the overall Russian LNG production to reach new heights. Further, strong government support and promising initiatives being taken by private players will materialize Russian ambitions into reality and will position country as a dominant force in the global LNG market dynamics.
Further, to increase LNG supply and to tap the emerging regional demands, Russian LNG majors are formulating huge LNG infrastructure development plans. Planned liquefaction capacities, if materialized in time, will prove sufficient for the country's future LNG exports considerations. However, the liquefaction infrastructure developments are quite capital intensive and demand an efficient supply-chain mechanism. Although number of long term LNG export contracts have already been made, their synergies on project’s increasing output is yet to be seen.
Our report “Russian LNG Market Analysis”, has been authored to study and evaluate Russian LNG market potentials and its future prospects. The Report provides information/statistics on LNG production, exports, pricing, infrastructure developments etc. The report investigates key trends of the industry and outlines future trends after inclusive study of various factors that play critical role in the development of market. Based on different market indicators, the report evaluates future outlook of the industry and provides valuable information regarding Russian LNG market. The report also covers brief business description and recent market developments of major players operating in the industry, which will help clients understand market competition and competitor’s moves.