Wednesday 3 October 2018

Russian gas exports to boom despite U.S. pressure and rivalry | Reuters

Russian gas exports to boom despite U.S. pressure and rivalry | Reuters:

Russia is setting records in gas pipeline exports despite U.S. pressure on Europe to reduce imports, and aims to become the world’s leading liquefied gas exporter in the next decade thanks to technology it is developing at home.

Russian government officials and executives told an industry conference on Wednesday they expect Russia export a record amount of gas this year, potentially exceeding 200 billion cubic metres (bcm) and beating last year’s all-time high of 194 bcm.

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