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Shell claims U.S. LNG projects to be more ambitious than Russian ones

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Shell claims U.S. LNG projects to be more ambitious than Russian ones

The head of Shell in Russia, Olivier Lazare, considers LNG projects implemented by the USA to be more ambitious than those realized by the Russian Federation.

This is what Olivier Lazare said to reporters over the course of the presentation of the company’s report titled “The Forecast For Development Of LNG Markets”.

“Russian projects in the LNG market are not so ambitious compared to those of the United States,” he noted.

According to the presentation, the total capacity of all new and under construction LNG projects in North America is about 200 million tons. At the same time, Mr Lazare claims that Russia’s potential volume of increase in LNG production is much less.

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