Far Eastern LNG Production and Exports to China

Authors

  • Aleksandr Nikolaevich Zakharov Russian Foreign Trade Academy
  • Aleksandra Aleksandrovna Karpova Russian Foreign Trade Academy

DOI:

https://doi.org/10.24412.2072-8042-2023-3-53-66

Keywords:

liquefied natural gas, LNG, the Far East and Eastern Siberia, cooperation between Russia and China in the oil and gas sector, Breakthrough into LNG markets

Abstract

The article analyzes the forms of trade and economic cooperation between Russia and China in extraction, production and exports and imports of liquefi ed natural gas (LNG), as well as the development of resources in Far East of Russia. The capabilities for LNG production and its subsequent transportation of Russia in general and the Far East region, in particular, are considered. The existing infrastructure of the region and promising trade and economic projects are analyzed. Emphasis is laid on the peculiarities of China as one of the world’s leading economies, the largest gas consumer and a strategic partner of Russia in the fuel and energy sector. Promising areas for investment and trade and economic cooperation between Russia and China in arranging the sale of Far Eastern LNG to the markets of the Asia-Pacific countries are considered.

Author Biographies

Aleksandr Nikolaevich Zakharov, Russian Foreign Trade Academy

Doctor of Economic Sciences

Place of work, post: Russian Foreign Trade Academy, Professor of World and National Economy Department

Aleksandra Aleksandrovna Karpova, Russian Foreign Trade Academy

Place of work, post: Russian Foreign Trade Academy, Student of the Faculty of International Economist

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Published

2024-01-25

How to Cite

Zakharov, A. N., & Karpova, A. A. (2024). Far Eastern LNG Production and Exports to China. Russian Foreign Economic Journal, (3), 53–66. https://doi.org/10.24412.2072-8042-2023-3-53-66

Issue

No. 3 (2023)

Section

Foreign trade activity

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