LNG

Gazprom, the supplier of pipeline natural gas to customers from Western Europe to China as well as the Russian Federation and former Soviet states, said record gross earnings were forecast for 2021 and it was also increasing funds for managing risk in the volatile market.

Gazprom said it finalized the configuration of its planned new Russian liquefaction and export plant proposed for the port of Ust-Luga on the Baltic Coast and has increased the volume of production.