According to the results of the first quarter of this year, natural gas production in Russia decreased by 10% on an annual basis. By the end of March, this figure reached 180 billion cubic meters. informs newspaper “Kommersant” with reference to industry sources.
At the same time, according to the results of March, the gas production level in Russia was around 61 billion cubic meters, which is 10% less than in the same period of 2022. The article states that one of the main reasons for such dynamics is a sharp decrease in fuel supply to the European energy market in connection with international sanctions.
“In the first quarter of 2023, gas production in the Russian Federation decreased by 10 percent compared to the same period of 2022, amounting to 180 billion cubic meters. Gas production in March also decreased by about 10% to 61 billion cubic meters. The production volume of “other underground users”, which almost completely reflects Gazprom’s production in the first quarter, decreased by 18% to 117 billion cubic meters in March, and again fell by 18% to 39 billion cubic meters.
On May 2, Reuters, based on data from the Refinitiv Eikon portal reportedIt is reported that Russia exported 10.5 million tons of liquefied natural gas (LNG) in the January-April 2023 period. This is 11% less than January-April 2022.