Russia is trying to position itself as among the top three global liquified natural gas (LNG) exporters before 2035 by increasing market share to 15-20%, according to Energy Minister Alexander Novak. As such, Russia's largest independent gas producer Novatek is in talks with investors for it's Arctic LNG 2 project and Yamal LNG facility. Novatek already has a framework pact to sell 10-15% of Arctic LNG 2 to France's Total, and Khalid Al-Falih is ready to take a 30% stake, according to the country’s Energy Minister Saudi Aramco.
Russia is trying to position itself as among the top three global liquified natural gas (LNG) exporters before 2035 by increasing market share to 15-20%, according to Energy Minister Alexander Novak. As such, Russia's largest independent gas producer Novatek is in talks with investors for it's Arctic LNG 2 project and Yamal LNG facility. Novatek already has a framework pact to sell 10-15% of Arctic LNG 2 to France's Total, and Saudi Aramco is ready to take a 30% stake, according to the country’s Energy Minister Khalid Al-Falih.