|
China-Russia Yamal natural gas project starts operation
Yamal LNG, which is 20 percent owned by France's Total, aims to help Russia double its share of the global LNG market by 2020 from about 4 percent now. Qatar is the biggest LNG exporter, with a 30 percent market share.
China's CNPC with 20 percent and the Chinese Silk Road Fund with 9.9 percent.
The first phase of the project was completed in December. Other phases are due to onstream in 2018 and 2019. It will eventually have a total capacity of 17.5 million tons a year.
China’s Stakes in the Russian Arctic
——What’s behind China’s decision to invest in a Russian LNG project above the Arctic circle?
Russian President Vladimir Putin emphasized Russia’s will to encourage China’s participation in Arctic energy projects and to reassure Beijing that it would benefit from the emerging opportunities of shipping through the Northern Sea Route.
Over the last few decades, China has expressed an interest in commercial navigation via the Northern Sea Route along the Russian coast. It is forecasted that by 2020 the bulk of shipped goods through the NSR will be 5 to 15 percent of China’s international trade.
| Keynote Review from CNPC at |
| 2nd World Gas & LNG Series Conference-Exhibition Russia 2017 |
 |
Keynote-The way to form the oil and gas cooperation community between China and Russia
——Shengzi Wang, Chief Representative at Russia Office, China National Petroleum Corporation (CNPC) |
| |
If you missed 2nd World Gas & LNG Series Conference-Exhibition Russia 2017, seize the chance to connect with CNPC in 3rd World Gas & LNG Conference-Exhibition Russia 2018 on October 18-19, Moscow, Russia. |
| |
| >> Register Now |
| Conference StructureatAGlance |
Oct. 18 Oct. 19
|
♦ Russian Gas Development Plan & Export Strategy ♦ Project Plan & Progress of Major Gas Projects
♦ Engineering Experience Sharing to Improve Efficiency & Profits
|
♦ Exploring Gas Market Opportunity by Adopting New Solutions
♦ Technology Innovations in LNG Plant & LNG Shipping
|
| |
| >>15%off early bird for Normal Pass before 7th of June |
| |
| To reserve your seat at the discount price by clicking registration entrance. |
| |
| >>Know more about the congress, reply to this Email |
|