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5 Dec 2024, 14:22

Russia has most competitive resources for LNG projects — Novatek

The world cannot provide the energy transition without Russia, Novatek CEO Leonid Mikhelson said

RAS AL KHAIMAH, December 5. /TASS/. Russia has the most competitive resource base for promising LNG projects, Novatek CEO Leonid Mikhelson said at the 17th Verona Eurasian Economic Forum.

"I believe that Russia nevertheless is the most competitive resource base for promising projects. The world cannot provide the energy transition without Russia," he said.

Barriers created against Russian gas are directly detrimental to economic growth and welfare of people in different regions of the world, the chief executive added.