Novatek will continue to develop LNG projects amid rising demand, RIA says

12/6/2024

Russia's largest producer of liquefied natural gas (LNG), Novatek, will continue to develop its LNG projects to meet rising global demand, the Russian state-run RIA news agency reported on Thursday, citing the company's head, Leonid Mikhelson.

Mikhelson projected that global LNG demand will reach 920 million tons by 2040.

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