Russia's Kaliningrad LNG Would Be Cheaper For Foreign Buyers Than US Supplies - Ambassador

Russia's Kaliningrad LNG Would Be Cheaper for Foreign Buyers Than US Supplies - Ambassador

Gas processed at the LNG terminal near Russia's Kaliningrad may be transported to foreign consumers and would be cheaper than LNG supplies from the United States, Qatar or South Korea, Russian Ambassador to Vilnius Alexander Udaltsov told Sputnik.

MOSCOW (Pakistan Point News / Sputnik - 07th February, 2019) Gas processed at the LNG terminal near Russia's Kaliningrad may be transported to foreign consumers and would be cheaper than LNG supplies from the United States, Qatar or South Korea, Russian Ambassador to Vilnius Alexander Udaltsov told Sputnik.

"Speaking of the Baltic region, of course, LNG loses to cheaper pipeline gas from the point of view of the price. Therefore, the infrastructure that was recently created in the Kaliningrad region to receive and regasify LNG� should rather be considered as an alternative ensuring the energy security of the Russian exclave. However, we will also be able to supply Russian LNG to other consumers, given the lower costs for its transportation than for similar supplies from more distant countries, such as the United States, Qatar or South Korea," the diplomat said.