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 2017, the Gazprom Group’s LNG sales reached 3.34 million tons (4.46 billion cubic meters).

LNG sales by Gazprom Group
  Year ended December 31
  2013 2014 2015 2016 2017
million BTU
Argentina 11,857,948 41,106,666 16,178,574 19,703,171
Egypt 3,417,600 3,415,673
India 6,061,840 18,670,569 22,742,199 9,911,553
Spain 6,459,153
China 6,633,380 6,604,157 3,374,830 29,426,835
Kuwait 2,953,290 3,302,940 3,290,560 16,945,230
Malaysia 6,513,303
Mexico 6,519,570
UAE 6,532,551 3,145,740
South Korea 25,230,593 36,193,511 26,480,466 3,324,750 13,235,029
Thailand 3,307,565
Taiwan (China) 9,882,660 26,006,510 19,820,160
Japan 28,957,880 49,164,207 78,072,386 78,549,220 56,900,585
LNG supplied on FOB terms 17,082,562 6,998,912 3,015,033
Total 72,108,261 159,646,919 169,608,265 176,474,067 159,151,850
incl. LNG from Sakhalin II 29,726,254 53,075,050 86,049,604 59,443,050 72,894,365
Total, million tons 1.51 3.35 3.56 3.71 3.34
Total, billion cubic meters 2.02 4.47 4.75 4.94 4.46