Russia entered the global race for the LNG market

Today, almost 40% of global gas trade is accounted for by LNG (liquefied natural gas), which indicates the rapid development of this market. Moreover, according to the forecasts of the largest analysts, its share will increase to 2040% by the 60 of the year. This, in turn, will reduce the role of pipeline gas, the main supplier of which is Russia.

If earlier Russia actually ignored the existence of the liquefied natural gas market, now trends are taken into account, conclusions are drawn.

The United States is believed to be a major player in the global liquefied natural gas market. However, this is not true, since Europe is purchasing large quantities of African and Middle Eastern LNG in bulk, and our country is rapidly increasing its own capacity to liquefy gas, which is an important export commodity.

I must admit that so far the share of Russia in the global LNG production is very small, but now we are actively working to ensure that about a quarter of the global LNG market belongs to us. What has already been done by our country in this direction? How can the construction of LNG plants affect the entire Russian economy? Why in the race for "liquid gold" Russia has no right to make a mistake? Watch the next issue, “Time is Forward!” About how Russia entered the global race for the LNG market.

Comments

[Ugolek]

All clear. But when will the Russian Federation begin to produce high-tech consumer goods, medical equipment, machine tools, construction equipment and SELL it around the world?

[Zaurbek]

Recently I read that now 100% of the equipment for LNG is imported. And some kind of stand for pumps, only in the USA.
This year, RosAtom won a tender for the construction of such a stand in the Russian Federation and for the development of equipment for LNG.

[Grandfather]

Russia entered the global race for the LNG market

why are the owners of "gazprom" called Russia?

[Greg Miller]

Not Gazprom, but Novatek ... Is Mikhelson Russia?

[Mcar]

Quote: Ugolek

All clear. But when will the Russian Federation begin to produce high-tech consumer goods, medical equipment, machine tools, construction equipment and SELL it around the world?

Under capitalism? Never.

The capitalist can count money? He knows how. As a last resort, he will hire someone who counts. We are building a plant for the future production of "high-tech consumer goods, medical equipment, machine tools, construction equipment." The very beginning: somewhere in southern China or India it will be a strip / point foundation, and we have a foundation pit to permafrost and many kilotons of concrete (depending on which plant). Well, what kind of bourgeois will invest honestly stolen, if at the stage of the foundation it goes into a hard minus? I'm not even talking about the maintenance of the constructed plant - heating, repairs, etc., will also be more expensive.

[Vadim237]

"The very beginning: somewhere in southern China or India it will be a strip / point foundation, and we have a foundation pit to permafrost and many kilotons of concrete (depending on which plant)." Do you have all the plants in Russia on permafrost?

[Vadim237]

Already produces - and pushes it all for export, our producers in the domestic market are not alone in the last word for the consumer that he wants to buy, and export is always beneficial to all manufacturers.

[Lexus]

And when will Russia finally enter the race for leadership in living standards?
I see absolutely no reason for pride in the fact that my Motherland takes the first place in squandering its natural wealth. All this will end badly.

[sagitch]

In the photo, is the gas condensed? In the morning I had fun ...

[Ilya-spb]

And me!)))

Good news.
1) High-tech production in Russia.

2). No need to build new pipelines.

3) Competition with the USA for the EU market

[Nyrobsky]

Quote: Ilya-spb

2). No need to build new pipelines.

This is debatable. The Saudis recently, with the help of the Hussites, perceived that the compact and localized production in a limited territory is very vulnerable to missiles and drones, and requires huge costs for restoring the entire complex. With the gas pipeline, in my opinion, it’s simpler - replacing a turbine or a section of pipeline that has technological transitions in case of damage does not require stopping gas pumping throughout the branch. And yet, yes, pipeline gas is cheaper than liquefied gas, and therefore it will always be in demand by the consumer.

[Ross xnumx]

I must admit that so far the share of Russia in the global LNG production is very small, but now we are actively working to ensure that about a quarter of the global LNG market belongs to us.

It's good that this confession has happened. Let not in the minds of "cones" and those who like to plant lingonberry bushes, but in propaganda videos.
And what is there? To threaten folk remedies for laying pipes to facilitate the fate of Western sanctioners and after (not before - DOTO, DOTO, DOTO, HEY-I, Puck! ICEING!) Attend to LNG production ...
But it will not bring anything good to the Russians. Is that a small increase in retirement age? Or reducing the list of products from the minimum set in the consumer basket? Oh! I forgot about Miller himself, about the one whom no one takes to work anywhere, and so that he would not run away with his own, he was assigned a very high salary ...
Something was recalled from Nosov:
I like to dream under the moon
Ta-ta-ta-ta-ta-ta ... bed.
Actually, the tendency to join somewhere has not weakened. WTO, PACE ... now they have "entered" again ...

[Uncle lee]

And what? LNG is pretty good - along the whole of Sakhalin they pulled and laid pipelines, built an LNG plant in the Prigorodniy plant and drive 10 million gas 5 million oil a year for the cordon ... Medvedev himself came to the opening! In! 60 people are employed! That's all happiness ....

[Vadim237]

And there is Baltic LNG, and in the 2024th Arctic LNG will open.

[Uncle lee]

All to Miller and a penny!

[Vadim237]

And hundreds of thousands of shareholders, as well as the budget of the Russian Federation, an additional hundreds of billions.

[bk316]

All to Miller and a penny!

Well, not for you ...

[rocket757]

Nothing is eternal under the Moon. Nobody will refuse from pipeline gas while it will be cheaper. They will also sell LNG and will take their market share ... again, the question is about final prices.
Everything has its pros and cons, the gas industry has been working for decades ...
Just remember that this is not forever.

[Stirbjorn]

Only building pipelines is a very expensive affair, especially when gas prices have fallen - labor costs must still be recaptured

[rocket757]

LNG also build, build, rebuild! Why is it always and everywhere more expensive? The associated costs should repay the investment ....
So far, everything related to pipeline gas is objectively cheaper.

[gorenina91]

- Russia was late .., but could become a real leader in LNG production ...
- It was necessary yesterday to start building LNG plants; production of various containers for LNG transportation; special auto transport for the transportation of containers;
Railway transport; river and sea and aviation ... -This would all be a powerful domestic production ...- so many factories and jobs ...
-And so ...- it will turn out as always ...- China will start supplying LNG containers; Yes, and tansport will begin to supply; Yes, and maritime transport, etc. ... Alas ...

[rocket757]

The "train" hasn't left yet. Besides, the "train" will always go from where there is gas and it is CHEAPER!
While this gas is in demand and in price, of course.
So they should not jump into the last car!
They will succeed, they will manage, this is a question to which quite soon the answer will be quite clear.

[mavrus]

Interesting ... In Russia, they sell liquefied gas at five times the price of "pipeline" ... And how in Europe? Why would they switch to liquefied?

[Avior]

The one that is sold in cylinders to the population is another gas, hydrocarbon, and not natural.
And his price is different.
Liquefied natural is usually methane.
And the one in the cylinders is propane, butane or a mixture thereof.

[AU Ivanov.]

Actually, both methane and propane with butane are hydrocarbons. In cylinders - a mixture of propane with butane, it is obtained from gas condensate and in the processing of oil. Methane is the basis of natural gas, the very one that goes through the pipe. It is liquefied at low temperatures, in contrast to the propane-butane mixture, which liquefies at ambient temperature and moderate pressure. Methane is much cheaper.

[Avior]

I know that these are all hydrocarbons.
Simply, propane-butane, obtained from light fractions of hydrocarbons, is called hydrocarbon, unlike natural, the main part of which is methane, and which is mined in finished form.
Hydrocarbon is not from the composition, but from the production method.
In any case, this is not the same gas.

[Avior]

Predicting a sharp increase in the LNG market and simultaneously building two new expensive gas pipelines is a very wise decision.

[Vadim237]

Before this sharp growth, at least another 30 years.

[mavrus]

Quote: Avior

The one that is sold in cylinders to the population is another gas, hydrocarbon, and not natural.
And his price is different.
Liquefied natural is usually methane.
And the one in the cylinders is propane, butane or a mixture thereof.

Then it's not clear at all ... Why will they buy this gas? Not for cylinders? And to "liquefy" and stuff into pipes? And why such a dance? When pipelines are full ...

[Avior]

Exactly. Liquefy - scientifically called regasification - and stuff it into pipes.
Pipelines are not everywhere, and binding to it provokes the supplier to lift prices.
And with liquefied it will not work.