Gazprom plays LNG catch-up
The Russian gas heavyweight is looking to close the gap with competitor Novatek
Russia’s state-controlled Gazprom is banking on a new export project on the Baltic Sea to establish itself as a major LNG player and claw back its deficit to private competitor Novatek in the fast-growing global market. And it has taken the next step in realising its vision by striking a deal with Germany’s Linde to collaborate on liquefaction technology design. Gazprom was once seen as the undisputed frontrunner in Russian LNG. Following the launch of its 11mn t/yr Sakhalin-2 LNG export terminal in 2009, it drew up plans for several more projects across Russia. But the company later ceded its position to Novatek, which began commissioning its 17.4mn t/yr Yamal LNG plant in the Arctic in l
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