Novatek claims Russia has potential to produce 160 million tpy of LNG
Published by David Rowlands,
Editor
LNG Industry,
Reuters reports that the country’s upper house of parliament earlier approved a zero rate extraction tax on natural gas for future LNG production in the Arctic.
Novatek – an independent gas producer – is reportedly set to benefit from this approval.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/13032020/novatek-claims-russia-has-potential-to-produce-160-million-tpy-of-lng/
You might also like
S&P Global Commodity Insights: Changing restrictions on Russian gas to Europe would disproportionately impact US LNG exports
Future course of sanctions and flow of Russian gas to Europe could impact up to US$120 billion of investment and 29 million tpy for future US LNG projects, says a new S&P Global Commodity Insights study.