Russia’s liquid natural gas (LNG) exports to Europe grew in 2024 by 4 percent, despite heavy sanctions. Russia plans to continue this trend and capture 20 to 25 percent of the global LNG market by 2035. To achieve this goal, Russia has created two strategies: a maritime strategy aimed at increasing global exports and a continental strategy to increase exports across Eurasia, including related services, know-how, and technologies. Moscow is adapting to sanctions and competition from the United States, which are currently the primary obstacles determining whether Russia becomes one of the most dominant players in the global LNG market by 2035 and beyond.
Russia Navigates Challenges to Achieve Optimistic Post-2035 LNG Strategy – Jamestown
