Russian LNG capacity insufficient – Putin

Russia’s LNG production capacity is "clearly not enough", the country’s president, Vladimir Putin, has said.
By Staff reporter 11 December 2017 0 28737

Russia’s LNG production capacity is "clearly not enough", the country’s president, Vladimir Putin, has said.

Opening a meeting on the development of LNG projects to mark the startup of Yamal LNG, Putin said it was important for Russia to secure a strong position in the global LNG market, and that the country’s existing projects at Yamal and Sakhalin were insufficient to achieve this.

"Experts estimate that world demand for gas will increase by more than 40% by 2040, and what’s particularly important is that it is shipments...

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