Novak described the expansion of LNG production and exports as a key task for the Russian fuel and energy complex.
MOSCOW, March 28 – RIA Novosti. Russian Deputy Prime Minister Alexander Novak said expanding liquefied natural gas (LNG) production and exports in the face of the loss of European direction is a key task for the Russian fuel and energy complex.
“…Expanding the level of liquefied natural gas production and exports. I believe this is a key task in the current circumstances where our infrastructure to Europe is damaged and we are losing huge volumes of pipe gas exports,” Novak said while speaking at the last Board of the Russian Federation’s Ministry of Energy .
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“Yes, we will develop supplies to the eastern countries as well. However, the LNG market is actively developing. We have several projects implemented, we have a number of projects in the implementation phase such as Arctic LNG 2, Ust-Luga, etc. Above. We need to work on these and help with their implementation” said.
According to the Deputy Prime Minister, Russia should face the task of achieving at least 100 million tons of LNG production per year by 2030. For this, on the one hand, it is necessary to provide a resource base for the relevant projects, and on the other hand, to ensure independence in terms of production technologies and equipment. Novak said that work on this is already ongoing.
“The Prime Minister also determined such a task and ordered us to create a suitable project within the framework of the coordination center. We held the first meeting of such a headquarters before, we will pay special attention to this work.” The Deputy Prime Minister concluded his speech.
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