INSUBCONTINENT EXCLUSIVE:
initial production began last week and will now be limited to selling around 2.6 million metric tons on the spot market after the foreign
last week that Novatek had also issued force majeure notices over LNG supplies from the project.Chinese shareholders CNOOC and CNPC have
Baker Hughes stopped servicing it and other Russian energy projects.Before sanctions, Russia aimed to increase its global market share in
LNG from the current 8% to 20% by 2030.
