Russia will repeat success of first Arctic gas plant
Subject Russia's Arctic gas plans. Significance Chinese assistance has enabled Russia to build new expertise in liquefied natural gas (LNG) production under Arctic conditions, making it possible and less costly to repeat the exercise. The Novatek company's Yamal peninsula operation has pus...
Format: | Other/Unknown Material |
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Language: | unknown |
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Emerald
2017
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Online Access: | http://dx.doi.org/10.1108/oxan-db225637 https://www.emerald.com/insight/content/doi/10.1108/OXAN-DB225637/full/xml https://www.emerald.com/insight/content/doi/10.1108/OXAN-DB225637/full/html |
Summary: | Subject Russia's Arctic gas plans. Significance Chinese assistance has enabled Russia to build new expertise in liquefied natural gas (LNG) production under Arctic conditions, making it possible and less costly to repeat the exercise. The Novatek company's Yamal peninsula operation has pushed the boundaries of hydrocarbons development under Western sanctions and paved the way for a second project, Arctic LNG-2. Impacts Novatek's reputation as a major export company that delivers on project pledges is now assured. Arctic gas extraction underlines the region's strategic value, including as a maritime route. Gazprom is supposed to add a second liquefaction unit at its Sakhalin plant; failure to do so will erode its political standing. Rosneft will add to the competition with a gas pipeline from Iraqi Kurdistan. |
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