LNG

With its marketing strategy, the Gazprom Group seeks to diversify its sources of export revenue by expanding its presence in promising gas markets.

One of Gazprom’s priorities is to increase the share of liquefied natural gas (LNG) in the Group’s export portfolio.

LNG marketing

In 2016, the Gazprom Group’s LNG sales added 4.1 per cent against 2015, reaching 3.71 million tons (4.94 billion cubic meters).

LNG sales by Gazprom Group
  Year ended December 31
  2012 2013 2014 2015 2016
million BTU
Argentina 11,857,948 41,106,666 16,178,574 19,703,171
Egypt 3,417,600 3,415,673
India 14,952,061 6,061,840 18,670,569 22,742,199
China 19,647,917 6,633,380 6,604,157 3,374,830
Kuwait 2,953,290 3,302,940 3,290,560
Malaysia 6,513,303
Mexico 6,519,570
UAE 6,532,551
South Korea 9,383,613 25,230,593 36,193,511 26,480,466 3,324,750
Taiwan (China) 6,258,140 9,882,660 26,006,510
Japan 18,386,878 28,957,880 49,164,207 78,072,386 78,549,220
LNG supplied on FOB terms 17,082,562 6,998,912 3,015,033
Total 68,655,609 72,108,261 159,646,919 169,608,265 176,474,067
incl. LNG from Sakhalin II 29,575,454 29,726,254 53,075,050 86,049,604 59,443,050
Total, million tons 1.44 1.51 3.35 3.56 3.71
Total, billion cubic meters 1.92 2.02 4.47 4.75 4.94