Russian LNG: Becoming a Global Force

The successful launch of Novatek’s Yamal LNG project has brought Russia’s plans to develop its LNG industry into the spotlight, and this paper by James Henderson and Vitaly Yermakov examines the prospects for the next decade and more. The Russian government has laid out some aggressive expansion plans, with both commercial and geo-political consequences, and Novatek seems to have taken on the role of “Russia’s LNG champion” as the country seeks to become one of the top four global exporters by 2030. Gazprom and Rosneft also have important plans, and this paper analyses how LNG is now becoming a core part of Russian export strategy as well as a significant catalyst of domestic economic and industrial growth.

By: James Henderson , Vitaly Yermakov