TY - JOUR

T1 - The Global LNG Market: Development Factors, Competitive Strategies, and Prospects for Russia

AU - Фатьянов, Яков Игоревич

AU - Навроцкая, Наталья Анатольевна

PY - 2025

Y1 - 2025

N2 - This article analyzes the key factors influencing the development of the liquefied natural gas (LNG) industry in three countries—Australia, the United States, and Iran—and their potential application to the strategic development of the Russian LNG sector. The study encompasses economic, technological, and geopolitical aspects that determine the competitiveness of LNG projects, and identifies the main barriers and drivers of growth. Particular attention is paid to the impact of sanctions, investment policies, and market conditions on export opportunities. Based on the analysis of the experiences of these three countries, three main models of LNG industry development are identified: regulated balancing (Australia), the liberal market model (U.S.) and limited isolation (Iran). These models provide insight into how various factors—such as domestic energy policy, geopolitical risks, technological dependence, and competition—shape the development trajectories of the industry. The article also presents a scenario analysis of the future development of the Russian LNG sector, considering global trends and strategic challenges. Recommendations are proposed for risk management and strengthening Russia's position in the global LNG market, including diversification of partnerships, advancements in indigenous technological capabilities, and targeted investments in small-scale projects.

AB - This article analyzes the key factors influencing the development of the liquefied natural gas (LNG) industry in three countries—Australia, the United States, and Iran—and their potential application to the strategic development of the Russian LNG sector. The study encompasses economic, technological, and geopolitical aspects that determine the competitiveness of LNG projects, and identifies the main barriers and drivers of growth. Particular attention is paid to the impact of sanctions, investment policies, and market conditions on export opportunities. Based on the analysis of the experiences of these three countries, three main models of LNG industry development are identified: regulated balancing (Australia), the liberal market model (U.S.) and limited isolation (Iran). These models provide insight into how various factors—such as domestic energy policy, geopolitical risks, technological dependence, and competition—shape the development trajectories of the industry. The article also presents a scenario analysis of the future development of the Russian LNG sector, considering global trends and strategic challenges. Recommendations are proposed for risk management and strengthening Russia's position in the global LNG market, including diversification of partnerships, advancements in indigenous technological capabilities, and targeted investments in small-scale projects.

KW - сжиженный природный газ (СПГ)

KW - Австралия

KW - США

KW - Иран

KW - Россия

KW - Геополитические риски

UR - https://scholar.oversea.cnki.net/en/Detail/index/GARJ2021_6/SJFTCB0389D2FB179452822B27C08BF45979#doc-indexedBy

U2 - 10.30560/JEMS.V9N1P1

DO - 10.30560/JEMS.V9N1P1

M3 - Article

VL - 9

JO - Journal of Economics and Management Sciences JEMS

JF - Journal of Economics and Management Sciences JEMS

SN - 2576-3016

IS - 1

ER -