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2025-10-30 22:15:04
[Russia's Second-Largest Natural Gas Producer: Excluding Russian LNG Would Cause Gas Prices to Soar] Leonid Mikhelson, chairman of Novatek, Russia's second-largest natural gas producer, said on the 30th that the West cannot exclude Russian LNG from the global natural gas supply and demand balance; forcing this would lead to a sharp rise in natural gas prices, harming the interests of European consumers. Mikhelson made these remarks at the Verona Eurasia Economic Forum in Istanbul, Turkey, stating that Russia accounts for over 10% of global LNG production, making it unrealistic to remove it from the global natural gas supply and demand balance. (Xinhua)
