Oil and Gas Markets to 2025 - LUKoil

... level of capital expenditures due to significant number of existing LNG import facilities that can be quickly converted for LNG exports (albeit LUKoil does not underline the huge cost). A lot will depend on the US political climate as its current weak ... ... is actually overvalued. Also, even Russia, traditionally a pipeline supplier will enter the game with about a 1/10th share by 2025. No section about energy is complete without China, which is why LUKoil highlights that the Asian dragon has the most favourable ...