Russia’s quest for energy ‘technological sovereignty’, part 2
The country faces big challenges as it seeks to replace Western suppliers when it comes to LNG carriers, while sanctions have all-but halted its petrochemicals expansion
Russia has been locked out of Western oil and gas technologies since its full-scale invasion of Ukraine in 2022. Since then, it has been seeking substitutes and has a programme to become more self-reliant. In the midstream, Russia produces all the components used to build pipelines, oil and gas treatment facilities, compressor units and cryogenic heat exchangers itself. The biggest challenge, as Petroleum Economist has reported in depth, is in the LNG sector. While Russia’s import substitution programme has achieved some important feats, including the development of domestic liquefaction technology, building LNG carriers “is a big headache for the country”, said Matthew Hale, senior vice-pre
Also in this section
19 December 2024
Deepwater Development Conference welcomes Shell’s deepwater development manager to advisory board for March 2025 event
19 December 2024
The government must take the opportunity to harness the sector’s immense potential to support the long-term development of the UK’s low-carbon sector
18 December 2024
The energy transition will not succeed without a reliable baseload, but the world risks a shortfall unless more money goes into gas
18 December 2024
The December/January issue of Petroleum Economist is out now!