This research paper examines the current state of the liquefied natural gas industry in Russia, the goals set in the Energy Strategy, as well as the prospects for the development of LNG projects within the framework of market instability, the use of new technologies in the production of liquefied gas. Also the authors assess the competitiveness of these projects. Based on the results of the analytical study, conclusions were formulated. The work can be of value to practitioners and researchers in the industry.