The global natural gas industry is undergoing a historical shift away from overland pipeline deliveries of gas and gradually towards Liquefied Natural Gas (LNG), shipped by seaborne tankers designed to supply distant markets which cannot otherwise be supplied by traditional pipelines.
The global natural gas industry is undergoing a historical shift away from overland pipeline deliveries of gas and gradually towards Liquefied Natural Gas (LNG), shipped by seaborne tankers designed to supply distant markets which cannot otherwise be supplied by traditional pipelines. Russia, the world’s largest producer of gas, has stated that it is determined to become a leading player in the emerging LNG business. With the opening of the Russian LNG terminal on Sakhalin Island in 2009, Russia joined the global LNG market. The country’s leadership has stated that LNG will play a significant role in its changing energy strategy and has followed these claims with a number of important steps meant to position its gas monopoly, Gazprom, to become a major player on the world LNG market. Kremlin strategists hope that over time LNG will become just as powerful a tool in its foreign policy goals as pipeline-supplied gas is today. The facts, however, point in the opposite direction and Moscow could well be in for a surprise as their strategic aspirations may exceed their capacity to meet those expectations.
Acknowledgement: All available information and documents in "Justice For North Caucasus Group" is provided for the "fair use". There should be no intention for ill-usage of any sort of any published item for commercial purposes and in any way or form. JFNC is a nonprofit group and has no intentions for the distribution of information for commercial or advantageous gain. At the same time consideration is ascertained that all different visions, beliefs, presentations and opinions will be presented to visitors and readers of all message boards of this site. Providing, furnishing, posting and publishing the information of all sources is considered a right to freedom of opinion, speech, expression, and information while at the same time does not necessarily reflect, represent, constitute, or comprise the stand or the opinion of this group. If you have any concerns contact us directly at:
eagle@JusticeForNorthCaucasus.com
