LNG Export Strategies on Agenda at London 'Russian Day'

Press Release
Tuesday, September 25, 2012

The role of Russia as a key global supplier of natural gas will be amplified at upcoming 'Russian Day' event.

The Russian Energy Minister, Alexander Novak, confirms he will host a special ‘Russian Day’ at one of the world’s leading gas industry events in London this October.

The role of Russia as a key global supplier of natural gas will be examined during the day-long session, which also welcomes Novak’s Deputy, Pavel Fedorov, plus chief executives from petrochemical giant SIBUR and liquefied natural gas exporter, Sakhalin Energy.

Other leading government and state energy executives will also be present to explore future investment and financing issues in Russian energy and project development.

Head of Content for Gastech, Gavin Sutcliffe, said: “The involvement of so many senior Russian energy figures, including Minister Novak, indicates how seriously the Russian government is responding to the growing demands for natural gas and LNG from other consumer regions outside the EU. Russia’s shift towards the potential privatisation of large swathes of state-owned energy assets has struck a global chord – opportunities such as those currently being discussed present enormous potential for private investors and foreign organisations alike.

Mr Novak said: “I look forward to welcoming delegates and guests to the Gastech Conference and Exhibition in London. I believe that Gastech is an ideal opportunity and platform to assist international partners to co-operate more effectively, allowing the launch of new joint projects within the energy sector.

The ‘Russian Day’ is being developed in collaboration with the Energy Ministry amid growing political will in Russia to diversify the customer base and drive forwards liquefied natural gas (LNG) exports to increase business with Asian gas consumers.

The Russian government is also currently closely involved in discussions with the European Commission in a bid to cement energy ties until 2050, with Russia the EU’s single largest natural gas supplier – but appreciates that growing demand from Asia means a commitment to delivering LNG export potential is also now a top priority.


Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Asia Fuel Oil-Cracks, Spreads Tight; Bunker Prices Climb

Asia's fuel oil crack for benchmark 180-centistroke rebounded to a discount of $6.79 a barrel on Wednesday, gaining as bunker prices firmed on the possibility of

Egypt to Complete East Port Said Side Channel in 2016

Egypt plans to complete a side channel in East Port Said, near the Suez Canal, that would speed up shipping and allow ships direct entry into the port by the end of June 2016,

BWM Convention Doesn't Resolve U.S. Issues - ICS

ICS notes that the IMO Secretary General has announced that the Ballast Water Management Convention will enter into force worldwide from 24 November 2016, following


Swan Energy to Invest $845 mln for FSRU Terminal

Swan Energy Limited will invest around Rs. 5,600 crore ($845 mln) towards setting up of Jafrabad LNG Port project in Gujarat with one jetty-moored Floating, Storage and Regasification Unit (FSRU).

Alaska Buys TransCanada AK LNG Stake

The State of Alaska has finalized a deal with TransCanada to buy out the pipeline company's share in the proposed Alaska liquefied natural gas export project for nearly $65 million.

Frontline Reports Strongest 3Q

* Frontline achieved net income attributable to the Company of $17.4 million, or $0.09 per share, for the third quarter of 2015 and net income attributable to the Company of $65.

Maritime Careers / Shipboard Positions Maritime Security Navigation Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0826 sec (12 req/sec)