World LNG market: Russia, its main competitors

There is a widespread opinion that the gas market is going through irreversible changes. LNG is said to become the main driver of changes; it will tie regional markets of America, Europe and Asia with each other. At present, however, piped gas imports are twice as large as LNG imports. Yet, it would be unwise to deny that LNG is one of the most dynamic segments of the gas market.

The report elaborates on the following issues:

• The potential of Russia’s major LNG projects. The estimated potential of Yamal LNG, Arctic LNG-2, train 3 of Sakhalin LNG, and Baltic LNG.

• Chances of second-tier projects. The Pechora LNG, Far Eastern LNG, Vladivostok LNG, and Shtokman projects were declared and promoted actively. Some of them are still alive formally, and others may be revived. What are the conditions for the dream to come true?

• Russia’s competitors in the Middle East. The potential of Iran and Saudi Arabia. What can be expected from Qatar following lifting of its moratorium on construction of new LNG plants? The conflict between Qatar and Saudi Arabia; political risks of LNG production in the Middle East.

• Australian LNG supplies. Current buyers and the portfolio of long-term contracts. Production growth potential.

• American LNG supplies. Prospects of increase in LNG supplies from North America; long-term contracts and main markets.

• Forecast of developments. How much LNG will Russia produce? Will we withstand competition against the USA, Australia, Qatar, and other producers? Forecasts of the LNG market development until 2040.

Contents of the report: