News From China Pipeline Business Network

Currently, Russia and Saudi Arabia have issued orders in the global crude oil market, but Russia also expects to enter the natural gas market. A few years ago, Russian President Vladimir Putin once said that the country would become the world's largest LNG producer. This was not possible at the time, and it is still unreachable because the current LNG leading producer Qatar will increase production in the next five to six years. The company is 100 mtpa, and Russia has just begun to promote LNG development.