Russia clinches last-minute 3-3 draw with Belgium in friendly football match in SochiSport March 28, 21:40
Washington-based National Symphony Orchestra members excited to perform in RussiaSociety & Culture March 28, 21:36
'Gentlefan' continues: 'Angels' greet Belgium football fans ahead of Sochi gameSport March 28, 21:12
Scottish parliament backs new referendum on independenceWorld March 28, 20:42
Russian strategic missile carriers to take part in military drills in TajikistanMilitary & Defense March 28, 20:10
Russia’s offshore energy projects in the ArcticBusiness & Economy March 28, 19:33
US chess chief: No plot to oust current FIDE head, but it ‘would be good for the game’Sport March 28, 18:27
Putin-Rouhani meeting round-upWorld March 28, 18:23
Request for referendum against iconic Petersburg cathedral's transfer to church approvedSociety & Culture March 28, 18:13
BERLIN, June 23. /TASS/. LNG trade may surpass natural gas trade by 2035 while competition on Europe’s gas market may strengthen, Vice President of BP-Russia Vladimir Drebentsov said Thursday.
"By 2035 LNG trade will surpass natural gas trade. From the viewpoint of cooperation between Russia and Europe this may be viewed as a signal that competition will be principally different," he said.
According to Drebentsov, in 2016-2017 more than 90 bln cubic meters of LNG (liquefied natural gas) will emerge on the market and LNG supplies will surge five-fold within the next five years.
"This volume will get to the market in any case as a result of investment decisions made earlier," he added.