Russia delays LNG output target due to sanctions |
MOSCOW: Russia has pushed back by “several years” a plan to reach an annual liquefied natural gas output target of 100 million tonnes, Deputy Prime Minister Alexander Novak told state TV on Thursday, citing the effect of Western sanctions on its energy industry.
Russia’s long-term plans to gain a fifth of the global LNG market by 2030-2035, from 8 per cent currently, have been........