Moscow, April 13th - News Agency. The domestic equipment in Russia's oil and gas industry accounts for 60%.

 

 

 

This is what D said. Manturov said at a meeting with energy companies on the operation and development of the oil and gas engineering industry.

 

 

 

Ministerial statement:

 

 

 

We have established a full cycle financing system for the development of oil and gas machinery products:

 

 

 

Firstly, we fund research and development,

 

 

 

Then start mass production through preferential loans,

 

 

 

Then give consumers a discount to stimulate demand;

 

 

 

It is important to maintain the export potential of China's oil and natural gas equipment;

 

 

 

Obtaining positive characteristics in Russia - moving abroad;

 

 

 

If we want to develop Russia's oil and gas engineering into a global industry, then international reference is necessary.

 

 

 

Russian oil and gas equipment manufacturers have confirmed that despite sanctions, they are still fulfilling their contracts and their clients still retain plans to implement major investment projects.

 

 

 

The Ministry of Industry and Trade added:

 

 

 

Responding to emerging challenges in the oil and gas machinery industry;

 

 

 

Even under the sanctions system, there is no refusal to fulfill the contract;

 

 

 

Customer Company:

 

 

 

The implementation plan for the main investment projects is still ongoing;

 

 

 

They are willing to create demand.

 

 

 

Implementation project:

 

 

 

Development and implementation of rotor control systems,

 

 

 

Hydraulic fracturing equipment

 

 

 

Marine geological exploration equipment,

 

 

 

Submarine mining complex equipment,

 

 

 

Catalysts and refining technology equipment,

 

 

 

LNG production equipment.

 

 

 

Due to the establishment of a customer producer cooperation system within the framework of the Committee on Science and Technology (NTS) to develop oil and gas equipment and reduce the dependence of the Russian fuel industry on imported equipment, these projects have been achieved.

Challenges still exist 60% is not bad, but it is also not good.

How did the government allow such things to happen?

The fact is that Russia still does not produce critical equipment for large-scale liquefied natural gas projects.

In Russia, heat exchangers, pumps, and compressors are produced using technology from 20 to 30 years ago, and innovation is still difficult.

For example, Russia's Arctic cascade technology is an example, running Novatek's fourth Yamal liquefied natural gas production line and obtaining a patent.

People have high hopes for her.

The fourth LNG line in Yamal will operate at full capacity in May 2021. L Michael said bluntly:

Poor work,

Occasionally, there may be shutdowns, but they are decreasing,

Domestic manufacturers still need to learn,

Almost all four production line equipment suppliers have claims.

The current sanctions on imported equipment for the Arctic LNG-2 project are almost fatal.

The key equipment for this project is being manufactured in the United States and Europe, Japan, and South Korea, all of which have imposed sanctions due to Russia's special operations in Ukraine (see April 12th).

Main modules of Arctic LNG-2:

Siemens compressors,Baker Hughes turbine Linde heat exchanger,

The gravity foundation of the SAIPEM (Italy) platform.

These technologies do not have equal substitutes in both the Russian and Asian markets.

The completion of 98% of the Arctic LNG-2 line has been postponed until 2024.

Russia's share in the global liquefied natural gas market is 20%, and by 2027, Novatek's production capacity will double. According to the plan, we may forget.