Russia plans to capture about 20% of the global market by 2035, which would call for a fivefold increase in its liquefied natural gas (LNG) output, energy minister Alexander Novak told the Nikkei Asian Review.
According to him, Russia envisions up to 70% of its LNG exports by then going to the Asia-Pacific region. Speaking to the news outlet in Moscow, Novak said that Russia’s government intends to strengthen its cooperation with Japan in terms of funding and technology for the LNG and related sectors.
Russia’s current LNG output is about 28 million tons a year. This combines output from the Sakhalin-2 project, in which Japanese general traders Mitsui & Co. and Mitsubishi Corp. participate, and the Yamal LNG project in Arctic Russia.
The plan is to raise the total, which now represents less than 10% of global demand, to between 120 million tons and 140 tons by 2035, according to Novak.
Qatar and Australia each accounted for over 20% of the global LNG market in 2018. Russia’s goal is to rival these producers as well as the United States in LNG output.
Japanese Prime Minister Shinzo Abe and Russian President Vladimir Putin are expected to discuss economic cooperation in areas including energy when they meet in Osaka on June 29 on the sidelines of the G-20 summit. The leaders will also discuss a long-awaited peace treaty and other matters between the countries.
Novak said the Asia-Pacific region is home to some of the world’s biggest LNG markets, and that Russia expects to boost exports to Japan, China, India, South Korea and Vietnam.
Erdogan says he will not declare ceasefire in northern Syria
Turkish President Recep Tayyip Erdogan has made it clear to U.S. President Donald Trump that Turkey will never declare a ceasefire in northern Syria and will not negotiate with Kurdish forces it is fighting in its offensive into the region.
Turkey forged ahead with its offensive against the Syrian Kurdish YPG militia in northern Syria on Tuesday despite U.S. sanctions and calls for it to stop, while Syria’s Russia-backed army moved on the key city of Manbij that was abandoned by U.S. forces.
The YPG, the key component of the forces who fought Islamic State, is seen by Ankara as a terrorist group linked to Kurdish separatist insurgents in Turkey.
On Monday, Trump announced sanctions on Turkey to punish it for the offensive. On Tuesday, a senior U.S. official said Washington would threaten more sanctions to persuade Turkey to reach a ceasefire and halt its offensive.
However, speaking to reporters on a flight back from Baku, Erdogan said the offensive would continue until it reaches its aims, and added that he was not worried about sanctions.
Woman killed in Russian apartment building blast
A woman died and other young woman sustained injuries when a five-story building partially collapsed following an explosion in Russian village of Novonezhino.
Around 17 apartments were damaged when the ceiling slab, wall and the stair case of the building collapsed, Emergency Department said.
“The people were evacuated, 17 apartments were damaged. Seven elders have been transferred to temporary accommodation center,” the authorities said.
Rescue crews were searching for people who are believed to be trapped under the rubble. Rescuers were assisting the residents save their pets and belongings from the damaged apartments.
Greek Church recognizes autonomy of Orthodox Church of Ukraine
The leading figures of the Church of Greece decided at a meeting this weekend to recognize the autocephalous Orthodox Church of Ukraine (OCU), making it the first of the Eastern Orthodox churches to take such a step.
The Holy Synod of the Church of Greece recognized the autonomy of the Orthodox Church of Ukraine in line with a request by the Istanbul-based Ecumenical Patriarch Vartholomaios
The Orthodox Times says the Greeks’ formal recognition will take place October
19 in Thessaloniki, with Archbishop Ieronymos and the OCU’s Metropolitan
Epifaniy of Kyiv and All Ukraine present.
The Patriarchate of Constantinople, generally considered the spiritual headquarters for Orthodoxy, granted the Orthodox Church of Ukraine independence in January in a move that was adamantly resisted by Moscow and the Russian Orthodox Church. The new Orthodox Church of Ukraine installed its first metropolitan, Epifaniy, at a ceremony in Kyiv on February 3 in a process that further established the new church body’s independence
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