The Government of the Russian Federation will subsidize R&D projects to develop Russian made gas liquefaction equipment. According to the decree signed by Prime Minister Mikhail Mishustin, 1 bn rubles ($16.6 mn) has been earmarked for the purpose in the federal budget, the RF Government press office reports.
In 2022, the subsidies from the Cabinet’s reserve fund will help launch and partly finance four projects to develop equipment for large- and medium-tonnage LNG production. The overall number of such projects to be developed in Russia is 18. In future, they are expected to increase LNG production, the target for 2035 being 80-140 mn tons per annum.
Developing own LNG production equipment is one of the main tasks set forth by the Breakthrough to LNG Markets federal project adopted in late 2021. At present the only Russian made LNG production equipment, the Arctic Cascade, is operating at the Yamal LNG plant.