Russia exports roughly 10.8mn tonnes of LNG per annum , which gives the country 4.2 % of the global market share in the sale of the energy source . Russia ’ s ambition in the LNG market has continued to grow , with large swathes of the Arctic becoming suitable for exploration and extraction as new technology has become available . The country ’ s ambition is also displayed in the recent $ 27bn LNG Arctic gas extraction co-venture with China , deepening the energy co-operation between the two states in the face of sanctions from the West . These operations take place on the Yamal peninsula and are run by Yamal LNG . They encompass gas production , liquefaction and shipping with extensive arctic transport infrastructure built-in , as well as an airport and seaport , in order to export the estimated 926bn cubic meters of LNG present .

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