Russia aims to win 15%–20% of global LNG market

MOSCOW (Reuters) — Russia’s government has set a target of winning between 15% and 20% of the global market for LNG, Leonid Mikhelson, the chief executive officer of Russian gas major Novatek, said on Tuesday.

Russia Lng
Photo courtesy of Novatek.

Novatek, Russia’s biggest private gas producer, meanwhile plans to maintain its own domestic market share, Mikhelson told investors.

Reporting by Vladimir Soldatkin and Oksana Kobzeva; Writing by Dmitry Solovyov; Editing by Andrew Osborn

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