LNG

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

The Group’s priorities include ramping up liquefied natural gas (LNG) exports, as well as entering China’s pipeline gas market as part of the geographic diversification process.

LNG marketing

In 2015, Gazprom Group’s LNG sales added 6.2 per cent against 2014, totaling 3.56 million tons (4.75 billion cubic meters).

LNG sales by Gazprom Group
  Year ended December 31
  2011 2012 2013 2014 2015
million BTU
Argentina 11,857,948 41,106,666 16,178,574
United Kingdom 4,687,821
Egypt 3,417,600
India 18,513,618 14,952,061 6,061,840 18,670,569
China 28,336,547 19,647,917 6,633,380 6,604,157
Kuwait 6,378,480 2,953,290 3,302,940
Malaysia 6,513,303
UAE 3,167,990
South Korea 16,248,511 9,383,613 25,230,593 36,193,511 26,480,466
Thailand 3,069,487
Taiwan 9,650,190 6,258,140 9,882,660
Japan 19,534,192 18,386,878 28,957,880 49,164,207 78,072,386
LNG supplied on FOB terms 17,082,562 6,998,912
Total 109,586,836 68,655,609 72,108,261 159,646,919 169,608,265
incl. LNG from Sakhalin II 45,833,633 29,575,454 29,726,254 53,075,050 86,049,604
Total, million tons 2.30 1.44 1.51 3.35 3.56
Total, billion cubic meters 3.07 1.92 2.02 4.47 4.75