Russian LNG Exports to Expand Dramatically in the Next Decade

Proximity with key gas markets and assurance of long term supplies will enable Russian LNG exports to grow at 8.4% CAGR during 2010-2020, says RNCOS.

Noida, India (prHWY.com) May 30, 2011 - According to our latest research offering "Russian LNG Market Analysis", Russia has timely recognized its enormous LNG potentials in the form of one of the world's largest natural gas reserves situated in Yamal, Sakhalin, and Shotkman fields. The nation is witnessing an important level of developments in the LNG trade with exports of LNG making up for a significant part of the nation's relationships with key markets. The research further revealed that, Russian LNG exports will advance at 8.4% CAGR growth during 2010-2020, which will position Russia as a dominant name in the global LNG arena.

The research acknowledged that, the country joined the elite club of global LNG exporters with Sakhalin-II project exporting its first cargo in March 2009. Japanese utilities are the current major buyer of Russian LNG production followed by Korean and the US firms. However, the export matrix is expected to change a bit during the next 8-10 years with growing demand from the Asia-Pacific countries especially China and India.

Further, to help propel its futuristic exports considerations, Russian oil & gas majors are investing huge amounts of dollars on LNG production and its support infrastructure. Infact planned liquefaction capacities, if materialized on time, will prove sufficient for the country's future LNG exports considerations.

According to a Senior Research Analyst at RNCOS, "the liquefaction infrastructure developments are quite capital intensive and demand an efficient supply-chain mechanism. Any imbalance between LNG exports contracts and its liquefaction process may cost millions of dollars to involved parties".

Our report "Russian LNG Market Analysis", is an outcome of extensive research and objective analysis of the Russian LNG Industry and its future potentials. The report provides information/statistics on LNG production, exports, pricing, infrastructure developments, etc. The report investigates key trends of the industry and outlines projections after inclusive study of various factors that play a critical role in the development of market. Based on different market indicators, the report evaluates future outlook of the industry and provides valuable information regarding the Russian LNG market.

For FREE SAMPLE of this report visit: http://rncos.com/Report/IM316.htm

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About RNCOS:

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: russia lng market

Categories: Energy

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