The LNG market in Northeast Asia and recommendations for Russian LNG exports

Juyoung Ko (The Republic of Korea)
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Juyoung Ko (The Republic of Korea): Gubkin Russian State University of Oil and Gas, Moscow, Russia

Russian Foreign Economic Journal, 2019, issue 9, 33-43

Abstract: Liquefied natural gas (LNG) will strengthen its unique position in Japan, China and the Republic of Korea as an ecologically clean energy source in regard to dealing with ecological problems. In the Northeast Asian LNG market Russia has an advantage in comparison to other LNG exporting countries because the country is located in close vicinity to this market. Under the intensifying competition between LNG exporting countries it is recommended for Russia to create favourable conditions for LNG trades by improving bilateral relationship with Japan, China and the Republic of Korea and working out favourable LNG export contracts for LNG importing countries.

Keywords: Natural gas; liquefied natural gas; Northeast Asia; LNG market; LNG trade; LNG import volume; LNG price; energy strategy (search for similar items in EconPapers)
Date: 2019
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