Russian LNG: Progress and delay in 2017

2017 will be a momentous year for Russia’s LNG business, as the Yamal LNG project is due to come online by the end of the year. This will not only be the first Russian-operated LNG development, but will also mark a major shift in the Russian gas sector, as Novatek, rather than Gazprom, has been the instigator and the driving force behind the project. This may well be the start of a trend which could see Novatek become the country’s major LNG player, while Gazprom is also being challenged by Rosneft in both the LNG and pipeline export sectors. This paper discusses the future prospects for Russian LNG and asks whether the events of 2017 will mark a turning point in the development of the Russian gas sector.

By: James Henderson

Latest Tweets from @OxfordEnergy

  • Jonathan Stern on the latest Groningen earthquake: I think it is likely to accelerate even further the phase-out of… https://t.co/d1tGcAIAjp

    May 23rd

  • About 43% of the industrial gas demand in Europe could, in theory, decline in the 2020s as a result of decarbonizat… https://t.co/0iMqP4dCsd

    May 23rd

  • New OIES comment on Saudi Arabia’s challenging balancing act: If premature return of withheld supplies back into th… https://t.co/J0LoxVkSAJ

    May 23rd

Sign up for our Newsletter

Register your email address here and we will send you notification of new publications, comment, articles etc. automatically.