January 2014

Columns

HP Boxscore Construction Analysis: Russian gas: The end of a monopoly and the beginning of a new era

December 2013 saw the repeal of a 2006 law establishing Gazprom as the sole exporter of Russian gas. The amendment is part of Russia’s plan to double LNG exports by 2020 and grab crucial LNG market share in the Asia-Pacific region. However, Russia is not without stiff competition.

Nichols, L., Hydrocarbon Processing

December 1, 2013 marked the beginning of a new era for Russian gas exports, as it saw the repeal of a 2006 law establishing Gazprom as the sole exporter of Russian gas. Amendments to the gas export law and foreign trade law allow other companies—primarily Novatek and Russian state-owned Rosneft—the ability to sell liquefied natural gas (LNG) for export. Gazprom’s monopoly on gas exports to Europe via pipeline was not touched. The amendments are part of Russia’s plan to double LNG exports by 2020 and grab crucial LNG market share in the Asia-Pacific region. Russia’s overall goal is to produce at least 40 million tons per year (MMtpy) of LNG by 2020. This volume would

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Hydrocarbon Processing magazine.

2) SUBSCRIBE to Hydrocarbon Processing magazine in print or digital format and gain IMMEDIATE ACCESS to the current issue as well as to 3 articles from the HP archives per month. $239 for an annual subscription.

3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain IMMEDIATE ACCESS to this article, the current issue, all past issues in the HP Archive, the HP Process Handbooks, HP Market Data, and more. $1,695 for an annual subscription.  For information about group rates or multi-year terms, contact J'Nette Nichols-Davis at  jnette.davis-nichols@gulfpub.com or +1 713.520.4426.

Related Articles

From the Archive

Comments