Gas production volumes in Russia may increase by 6% by the end of 2024, reaching 75 billion cubic meters. m.This was stated in July. report International Energy Agency (IEA).
For comparison: last year gas production in the Russian Federation amounted to 638 billion cubic meters, decreasing by 5% annually.
According to the results of January-June, Russia increased its gas production by 7% compared to the first half of 2023. Such results were achieved mainly due to increased supplies to China and Europe, analysts say.
Before this Russia guess First leadership in gas supplies to China. Next year, Gazprom plans to increase fuel supplies to the Chinese market through the Power of Siberia to 38 billion cubic meters. m per year. From 2027, it is planned to launch the “Far East” route, which will increase pumping by another 10 billion cubic meters. m per year.
Previously in Iran appreciated Russia’s role in transforming the republic into a gas hub.
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Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.