As Europe accelerates preparations for transfer of vessels sailing in the Baltic and North Seas to LNG, Russia only speaks about construction of required infrastructure. However, market players believe Russian LNG can be quite competitive in terms of prices, especially in case of adequate state support. They say, LNG plant should be better built in Saint-Petersburg, rather than in Ust-Luga, Vyborg or Primorsk.
2013 October 28
Russia’s LNG prospects
As Europe accelerates preparations for transfer of vessels sailing in the Baltic and North Seas to LNG, Russia only speaks about construction of required infrastructure. However, market players believe Russian LNG can be quite competitive in terms of prices, especially in case of adequate state support. They say, LNG plant should be better built in Saint-Petersburg, rather than in Ust-Luga, Vyborg or Primorsk.