Русский
Russia is working on the possibility of joint work with U.S. partners in the Arctic, Russian President Vladimir Putin has stated at the Gas Exporting Countries Forum (GECF).
He said that “A crucial issue for the development of the gas industry is which technologies to build gas production projects, transport infrastructure and specialist training around. Here, technological cooperation among gas-exporting countries and establishing close partnerships to the benefit of each country are especially needed. Russia is systematically strengthening its technological sovereignty, including in the gas industry, and we are mastering production from so-called deep horizons. We have made a big step in creating our own LNG technologies, which are already being used in the harsh conditions of the Arctic. In the Arctic, we actively work with many countries. European partners worked together with us at our fields, and Chinese partners worked there as well. Now we are working on the possibility of joint work with U.S. partners. Examples of such cooperation can be our relations with partners, where Russia is a recognized world leader and offers foreign colleagues the full range of technologies – from the construction of plants and the development of the production base to the training of workers, engineers, managers and scientific personnel.”
The United States is the world’s largest producer of LNG, followed by Russia, although Russia is the world’s largest exporter.
US President Trump said on October 24 that the United States will do business with Russia once the war in Ukraine ends. This comes after discussions between both sides have taken place in which Russian energy company Novatek would provide technology for building a proposed Polar LNG liquefaction facility in Alaska, in exchange for the United States lifting sanctions on Arctic LNG 2, an export facility in Siberia. The planned Polar LNG would create a liquefaction facility on the US coast near Prudhoe Bay and move gas using icebreaking LNG carriers – a technology that only Russia possesses. The LNG would be exported to customers in Asia. If implemented, the project would open up a noteworthy direction for energy cooperation between the two countries.
The global energy giant Shell have predicted that LNG will make up more than half of overall natural gas demand growth by 2040, with Asia making up 70% of that growth. They said that global demand for liquefied natural gas is estimated to rise by 54-68% by 2040 and 45-85% by 2050.
