Location, location, location: Why Russian LNG can beat competition from US & Australia ...News

Russia Today - Economy
Location, location, location: Why Russian LNG can beat competition from US & Australia
source : Russia Today ( News ) () 96
Russia’s geographical position makes its exports of liquefied natural gas (LNG) more profitable and competitive with American and Australian supplies, according to Russia’s Energy Minister Alexander Novak. Russia ships most of its LNG (around 69 percent) to Asian markets, where the bulk of global LNG supplies are sent. The country could also export its LNG via traditional Russian pipeline gas European routes, due to low cost and short transportation distance, the minister wrote, in an article for the Energy Policy journal. Also on rt.com Trump urges Europe to buy American na

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