Russias natural gas wealth

Sunday 17th March, 2013

At a recent meeting with the Commission for Strategic Development of the Fuel and Energy Sector and Environment Security, President Vladimir Putin said, “The forecasts all predict that global demand for gas will grow over the coming years, above all in Asia. The liquefied natural gas market is set to become more and more important. Building modern LNG facilities takes five to seven years, sometimes even up to ten years. We have to put all the right conditions in place for developing this sector.”

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