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.

Velikiy Novgorod LNG carrier
Velikiy Novgorod LNG carrier

Velikiy Novgorod LNG carrier

LNG marketing

In 2019, the Gazprom Group's sales of large-scale LNG amounted to 3.78 million tons (5.04 billion cubic meters).

LNG sales by Gazprom Group
  Year ended December 31
  2015 2016 2017 2018 2019
trillion BTU
Argentina 16.2 19.7
China 6.6 3.4 29.4 29.2 41.4
Egypt 3.4 3.4
India 18.7 22.7 9.9 36.1 39.9
Japan 78.1 78.5 56.9 29.7 19.6
Kuwait 3.3 3.3 16.9 20.1
Mexico 6.5
South Korea 26.5 3.3 13.2 26.4 20.2
Spain 6.5 2.9 10.9
Taiwan (China) 9.9 26.0 19.8 19.3 3.3
Thailand 3.3
UAE 6.5 3.1
United Kingdom 21.4
LNG supplied on FOB terms 7.0 3.0 21.4 23.5
Total* 169.6 176.5 159.2 185.0 180.1
incl. LNG from Sakhalin II 86.0 59.4 72.9 70.1 60.1
Total, million tons 3.56 3.71 3.34 3.88 3.78
Total, billion cubic meters 4.75 4.94 4.46 5.18 5.04

* Totals may not add up exactly due to rounding.