Russia Commences Liquid Natural Gas M...

Russia Commences Liquid Natural Gas Market

There are 63 comments on the www.atimes.com story from Feb 25, 2009, titled Russia Commences Liquid Natural Gas Market. In it, www.atimes.com reports that:

Russia enters LNG market By Vladimir Socor Russia's first plant for Liquefied Natural Gas (LNG) was inaugurated near Yuzhno-Sakhalinsk in the far east of the country on February 18 in the presence of Russian President Dmitry Medvedev, Japanese Prime Minister Taro Aso, Netherlands Economic Affairs Minister Maria van der Hoeven and Britain's Prince Andrew. The plant will process gas from the Sakhalin-2 extraction project, consisting of several offshore fields in the Sea of Okhotsk.

Join the discussion below, or Read more at www.atimes.com.

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“Hope for Best- Expect Worst”

Since: Jan 07

Somewhere in Colorado

#1 Feb 25, 2009
And in the midst of all of the rhetoric attempting to vilify Russia, with the Soviet Union gone... business goes on... Good for Russia..

“thrust never without vaseline”

Since: Sep 08

Pompano Beach, FL

#2 Feb 27, 2009
Stefanya wrote:
And in the midst of all of the rhetoric attempting to vilify Russia, with the Soviet Union gone... business goes on... Good for Russia..
quit it, no one cares.

“Hope for Best- Expect Worst”

Since: Jan 07

Somewhere in Colorado

#3 Feb 27, 2009
The EU is hampered by its newest members..,.living in the past and spewing hatred...but there is a world full of business partners to do business with...it's the EU's loss...
Jazz singer

UK

#4 Feb 27, 2009
And it should be noticed that inspite of all the bad-mouthing about Russia, Western companies are still desperate to do business in the country!!

Shell, apparently scalded by Putin, has a 27% stake in the LNG plant, and US companies are queueing up to buy the gas!!
Lukashenko is Dr Phil

Nokia, Finland

#5 Feb 27, 2009
Jazz singer wrote:
And it should be noticed that inspite of all the bad-mouthing about Russia, Western companies are still desperate to do business in the country!!
Shell, apparently scalded by Putin, has a 27% stake in the LNG plant, and US companies are queueing up to buy the gas!!
Idiot it goes both ways. Lukoil needs Europe dumb colonial loser.
Jazz singer

UK

#6 Feb 27, 2009
Lukashenko is Dr Phil wrote:
<quoted text>
Idiot it goes both ways. Lukoil needs Europe dumb colonial loser.
Shut up, stupid fool!!

Go and play with your toy soldiers!!
Lukashenko is Dr Phil

Nokia, Finland

#7 Feb 27, 2009
Jazz singer wrote:
<quoted text>
Shut up, stupid fool!!
Go and play with your toy soldiers!!
And you go brush your teeth. ;) colonial pig
Lukashenko is Dr Phil

Nokia, Finland

#8 Feb 27, 2009
Jazz singer wrote:
<quoted text>
Shut up, stupid fool!!
Go and play with your toy soldiers!!
Oh how original from the british colonial pig with rotten bad teeth. ;)

“Hope for Best- Expect Worst”

Since: Jan 07

Somewhere in Colorado

#9 Feb 27, 2009
Lukashenko is Dr Phil wrote:
<quoted text>
Idiot it goes both ways. Lukoil needs Europe dumb colonial loser.
NOt necessarily... there is a world full of countries who woujld buy that gas...when you finally get dry behind the ears ...you'll realize that ...jr. high bully boy...

“Hope for Best- Expect Worst”

Since: Jan 07

Somewhere in Colorado

#10 Feb 27, 2009
Jazz singer wrote:
<quoted text>
Shut up, stupid fool!!
Go and play with your toy soldiers!!
He probably plays soldier in video games... and believes video games are reality...

“Hope for Best- Expect Worst”

Since: Jan 07

Somewhere in Colorado

#11 Feb 27, 2009
Jazz singer wrote:
And it should be noticed that inspite of all the bad-mouthing about Russia, Western companies are still desperate to do business in the country!!
Shell, apparently scalded by Putin, has a 27% stake in the LNG plant, and US companies are queueing up to buy the gas!!
Of course, you are right...but they will not be able to take advantage like they did before the western robber barons were kicked out...
foX

Ryde, Australia

#12 Feb 28, 2009
Lukashenko is Dr Phil wrote:
<quoted text>
Idiot it goes both ways. Lukoil needs Europe dumb colonial loser.
For now yes but Russia can now liquify gas wich can be transported with tankers, pretty much like oil so in couple of years Russia will be delivering gas to everyone who needs it in the world and i doubt volume will be a problem since Siberia has the largest gas fields in the world. This news do not get much attention, imho it's a big thing.
Jazz singer

UK

#13 Feb 28, 2009
foX wrote:
<quoted text>
For now yes but Russia can now liquify gas wich can be transported with tankers, pretty much like oil so in couple of years Russia will be delivering gas to everyone who needs it in the world and i doubt volume will be a problem since Siberia has the largest gas fields in the world. This news do not get much attention, imho it's a big thing.
You are absolutely right. Furthermore, Russia will also built liquifying plants to serve export to Europe, doubling with its North and South Stream pipeline projects.

This will give Russia far more flexibility and stops its total dependence on transit countries.

Russian gas will be able to be transported by tankers to any point in the world, and by-pass all the Eastern Europe countries!! Finished the blackmail, the syphoning and theft of gas, the arguments about price, the unpaid bills, etc...

This is going to be a big blow for Ukraine!!
Poland and the Baltics should also think twice now before upsetting the Kremlin!!
Tom in Lazybrook

Beach City, OH

#14 Feb 28, 2009
Jazz singer wrote:
And it should be noticed that inspite of all the bad-mouthing about Russia, Western companies are still desperate to do business in the country!!
Shell, apparently scalded by Putin, has a 27% stake in the LNG plant, and US companies are queueing up to buy the gas!!
How will this end? Shell will end up getting its investement nationalized.

Now if Russia was such a great economic power, why did they need Western technology to build the facility?
Tom in Lazybrook

Beach City, OH

#15 Feb 28, 2009
Jazz singer wrote:
<quoted text>
You are absolutely right. Furthermore, Russia will also built liquifying plants to serve export to Europe, doubling with its North and South Stream pipeline projects.
This will give Russia far more flexibility and stops its total dependence on transit countries.
Russian gas will be able to be transported by tankers to any point in the world, and by-pass all the Eastern Europe countries!! Finished the blackmail, the syphoning and theft of gas, the arguments about price, the unpaid bills, etc...
This is going to be a big blow for Ukraine!!
Poland and the Baltics should also think twice now before upsetting the Kremlin!!
With an attitude like that, it is obvious that Russia is planning on trying to use natgas as a weapon. And that's why while Russia has build ONE LNG facility, there are TWENTY LNG facilities being built in Western Europe today.

Russia is losing this one. In five years, Russia will be begging Ukraine and Estonia to take its' gas off its hands at any price as most of Europes imported natgas will be coming from the Gulf and South America.
Jazz singer

UK

#16 Feb 28, 2009
Tom in Lazybrook wrote:
<quoted text>
there are TWENTY LNG facilities being built in Western Europe today.
Where? Just tell us where these facilities are built..

And what for?

LNG plants need to be near production units to liquify gas prior to transport, and NOT at the point of arrival!!

Do you know what you are talking about?
Jazz singer

UK

#17 Feb 28, 2009
Tom in Lazybrook wrote:
<quoted text>
How will this end? Shell will end up getting its investement nationalized.
Now if Russia was such a great economic power, why did they need Western technology to build the facility?
And if the USA are such a great economic power, why do they need Russian investors or sell their steel plants to Russian companies?

Same difference.

Different spheres of expertise, access to new markets, etc...

How do you explain US firms queueing up to bid for the Shtockman Project then?
Tom in Lazybrook

Beach City, OH

#18 Feb 28, 2009
Jazz singer wrote:
<quoted text>
Where? Just tell us where these facilities are built..
And what for?
LNG plants need to be near production units to liquify gas prior to transport, and NOT at the point of arrival!!
Do you know what you are talking about?
I'm referring to regas plants designed to take LNG and convert into natgas.

And yes, I know what I'm talking about. Mainly because, unlike you, I am an expert on European energy supply.
Tom in Lazybrook

Beach City, OH

#19 Feb 28, 2009
Jazz singer wrote:
<quoted text>
And if the USA are such a great economic power, why do they need Russian investors or sell their steel plants to Russian companies?
Same difference.
Different spheres of expertise, access to new markets, etc...
How do you explain US firms queueing up to bid for the Shtockman Project then?
Just because some Putin mafya crony stole a bunch of money from Jewish Russians and is using it to buy assets in the west doesn't mean that Russia has expertise in financial markets. If that were the case Russia would not be experiencing a massive outflow of Russian capital.

They might be queueing up for some Russian project. But I'd expect capital flows to be drying up very soon if Crude and Natgas prices don't rise soon (and they won't).

If Russia is such a vibrant beacon of freedom and economic dynamism, why do you live in Europe? Or keep your money in Pounds rather than Rubles?
Jazz singer

UK

#20 Feb 28, 2009
Tom in Lazybrook wrote:
<quoted text>
I'm referring to regas plants designed to take LNG and convert into natgas.
And yes, I know what I'm talking about. Mainly because, unlike you, I am an expert on European energy supply.
The question must be easy for you to answer then.

Where are these plants, and who is buidling them?

"An expert on European energy supply", eh? No kidding? I was of the opinion that your expertise was mostly on gay issues, and your irritation at Russia and the Patriarch for not endorsing your public gay cavorting in Moscow!!

We have seen the extent of your 'expertise' in a previous post when you said that Russia couldn't build a gas pipeline to China: they are in fact building it, and the project is partly financed by Japan.

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