Russia's Yamal LNG to ship first two LNG cargoes in Nov
MOSCOW (Reuters) — The Russian Yamal LNG project will ship the first two cargoes of liquefied natural gas in November, followed by another four in December, Russia’s customs service said on Tuesday.
The Yamal LNG project is co-owned by local Russian gas producer Novatek, as well as France’s Total, China’s CNPC and the Silk Road Fund.
Reporting by Oksana Kobzeva; writing by Dmitry Solovyov; editing by Vladimir Soldatkin
The ongoing development of shale gas resources in the US has spurred infrastructure construction for both natural gas processing capacity and LNG export terminals.
Russian natural gas monopoly Gazprom is strengthening its presence in the gas market of the Middle East through the planned construction of an 11-metric-MMtpy–12-metric-MMtpy LNG plant in Iran.
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