Living the seventh year of sectoral sanctions that target its prospective oil and gas projects, Russia has grown accustomed to living under pressure. Sanctions have made it much more difficult to lend money, more difficult to secure viable partnerships and get access to state-of-the-art technologies.
Going beyond the day-to-day challenges, there is one thing that has been missing from Russia’s portfolio – a breakthrough within its import substitution drive. Developing and commissioning its own liquefaction technology might have been…Russia’s LNG Boom Hinges On Foreign Tech
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