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Growing production costs of shale gas to influence LNG price — Gazprom

"The US anticipates either an increase or a significant drop in volumes of shale gas in long-term forecasts of the shale industry development in the country," the Russian gas holding added

MOSCOW, November 28. /TASS/. The increase in shale gas production costs will influence the liquefied natural gas (LNG) price in particular, Gazprom said.

Shale gas is now produced in just four countries - the United States, China, Argentina and Canada. Global production of shale gas gained 6% year on year in 2022, the Russian gas holding said.

"The US anticipates either an increase or a significant drop in volumes of shale gas in long-term forecasts of the shale industry development in the country. The bunch of factors will facilitate the increase in shale oil production costs. These are inflation, depletion of brownfields and lack of discovered greenfields and the almost exhausted potential for enhanced production on account of technologies improvement," the company said.

"The rise in production costs will drive in particular the price of LNG, where shale gas is used to produce it," Gazprom added.

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Russia’s Economy Ministry expects inflation to decrease by year end

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German lawmaker Pellmann advises against further weapons’ supplies to Ukraine

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Ukrainian opposition demands parliament speaker's resignation over pro-Hitler remarks

The speaker’s shocking remarks sparked outrage among the public

China demands that US withdraw nuclear weapons outside Europe

According to Mao Ning, Beijing calls on states violating the NPT to "abandon the Cold War mentality and zero-sum game"

FBI seeking to interview Trump as part of assassination attempt investigation — TV

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Russian forces liberate three settlements in past week

Sixty-three Ukrainian soldiers surrendered to Russian forces in the past week

Russian, US experts on Ukraine had clandestine meeting in neutral country — diplomat

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Russian tennis player Andreeva won first WTA title in career

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Infrastructure facilities suffer damage in three Ukrainian regions

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Russian man found guilty of treason, sentenced to ten years in prison

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Russia hits Ukrainian Neo-Nazi formations near Kharkov — underground resistance

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Almost all Ukrainian troops leave positions in DPR’s Novosyolovka Pervaya

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Germany fails to meet obligations under Convention on Cluster Munitions, lawmaker says

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Vitaly Ganchev stated that his automatically makes these enterprises targets for Russian forces

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FACTBOX: Mi-28 helicopter goes down in Kaluga Region

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Alexander Khinshteyn underscored that these measures are connected to the company’s own actions

Lukoil becomes first Russian company with regional headquarters status in Shanghai

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One settlement flooded after Kialim water reservoir dam breach in Chelyabinsk Region

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Indian naval ship arrives in St Petersburg

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Lithuania prepares mass evacuation plan for war case

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Banning Muslim athlete from participating in Olympics opening ceremony segregation — MFA

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Low fertility in Russia does not mean people being insecure about their future — Kremlin

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Ukrainian presidential office against negotiating with Russia at this stage

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Open fire eliminated at carbon dioxide removal plant in Togliatti

Nobody was injured

Press review: China mediates on Ukraine and forecasting foreign policy under Kamala Harris

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West finds it increasingly hard to ignore corruption in Ukraine — Russia’s UN envoy

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Russia's international reserves rise by $10 bln over week to $611.3 bln — Bank of Russia

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NATO cannot be trusted, says Kremlin aide

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Russian airstrike hits assembly point of Ukrainian troops, equipment near Kupyansk

According to Andrey Marochko, work is underway to gather accurate data on Ukraine’s troop and equipment losses

EC announces expropriation of first €1.5 bln worth of proceeds from Russian assets

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US to maintain coalition of countries in support of Kiev and against Russia, says Biden

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US informs Iran of readiness to return to nuclear deal — newspaper

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Some spectators leave their seats before 2024 Olympics opening ceremony kicks off

The the France Info radio station meant the upper quays of the Seine, from which the view is not good enough

Ukraine’s Zelensky, Kuleba lie claiming readiness for talks — Russia’s OSCE envoy

According to Maxim Buyakevich, the Kiev regime’s steps have "nothing in common with efforts to resolve the conflict and achieve a lasting and just peace"

Indian prime minister may visit Ukraine in August — TV

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External forces annoyed because Georgia won’t open ‘second front’ against Russia — PM

"We did not allow it, and we must protect our national interests until the end," Irakli Kobakhidze emphasized

Russia launches work to develop sixth-generation fighter jet

The new military aircraft will be able to develop hypersonic speed

WW3 may begin before Biden's term up, Trump says

Donald Trump specifically said in January that Joe Biden's policy had turned the world into hell and was leading the United States to a bloodbath

2016 World Nomad Games in Kyrgyzstan

Sports include eagle hunting, bone throwing and kok-boru, a Central Asian form of polo in which two teams battle for control of a decapitated goat carcass

Beijing, Moscow preparing important visits for later this year — Chinese envoy

These efforts fully reflect the high level and special nature of China-Russia relations, Zhang Hanhui noted

Ukraine has no access to Sea of Azov, its strategy detached from reality — official

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Bank of Russia raises key rate from 16% to 18%, first time since December 2023

Inflation has accelerated and is developing significantly above the Bank of Russia’s April forecast, the regulator said

US, its allies getting dragged deeper into Ukraine conflict — Russian UN ambassador

Dozens of foreign servicemen on active service are dying in Ukraine, Vasily Nebenzya said