Russia has embarked on a strategy to become a major player in the global LNG business, with as many as five or six big new projects expected to come online by the end of the decade. This new LNG production capacity is part of Russia's broader strategy that involves reducing its reliance on European markets and becoming one of the top gas suppliers to the Asia-Pacific region. Paradoxically, these efforts, if they succeed, are likely to reduce … [Read more...]
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