New megaprojects may allow Russia to grab up to 15 percent of the global liquefied natural gas (LNG) market by 2025, according to Russia’s Energy Minister Alexander Novak.
Russia has managed to more than quadruple its LNG exports since 2009, Novak said in an article for the Energy Policy journal issued by the ministry on Thursday. This was made possible thanks to the launching of new facilities, while several more initiatives are currently being developed to further increase shipments.
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