Alexander Novak, the Deputy Prime Minister of the Russian Federation, announced that Russia intends to increase gas production in the current year. The remarks were reported by Tass. He added that the expected gas output is likely to be higher, signaling a positive turn for the country’s energy sector amid a shifting global market. Officials are watching how market conditions evolve and how domestic investment flows might support this uptick in production. The statement underscored a government posture aimed at sustaining gas exports and ensuring steady domestic supply in a year marked by negotiations and policy reviews on energy security. (Tass)
Novak stressed that the current year’s gas volumes are forecast to be higher and that the government’s production plans could be revised as fresh data becomes available. He highlighted that the outlook depends on ongoing assessments of both field performance and the efficiency of extraction technologies, with authorities prepared to adjust targets to reflect reality on the ground. In the context of fluctuating global demand and price dynamics, such flexibility is presented as a prudent step to maximize resource potential while maintaining macroeconomic stability. (Tass)
Regarding longer-term expectations, Novak indicated that the government may revise its gas-mining forecast upward as part of a broader effort to align policy with actual output and evolving market conditions. This suggested recalibration appears aimed at ensuring that official projections remain credible and aligned with the country’s strategic interests in energy security and export competitiveness. The approach signals a willingness to adapt planning to changing circumstances without compromising the overarching goal of sustaining gas supply. (Tass)
Historically, officials have projected that by 2050 Russia could substantially expand its mineral reserves. The narrative rests on the premise that further progress in the development of harder-to-recover resources will unlock additional stockpiles for both oil and gas. The prospect of a meaningful uplift in reserves is framed as a cornerstone of the country’s longer-term energy strategy, one that seeks to balance domestic needs with the ambitions of maintaining a leading role in global energy markets. (Tass)
In this context, advances in technology for hard-to-recover reserves are viewed as a catalyst for industry-wide gains. Projections suggest that Russia’s oil reserves could rise by around seven billion tonnes, while gas reserves might grow by roughly five trillion cubic meters as innovations in extraction and processing come online. Experts note that such gains would depend on sustained investment, favorable regulatory conditions, and the continued development of domestic capabilities that reduce reliance on external technologies. (Rosnedr, Tass)
Igor Shpurov, the general manager of Rosnedr, emphasized the importance of not relying solely on Western technologies. He argued that Russia should accelerate the creation of domestic production methods and technologies to extract and utilize its natural resources more effectively. To support this shift, he underscored the need to build a strong domestic base to protect and increase the country’s hydrocarbon volumes. The vision centers on expanding the national industrial backbone, improving efficiency across subsea and onshore operations, and ensuring that innovations translate into tangible gains in output and resilience. (Rosnedr)
Prime Minister Mikhail Mishustin had previously stated that sanctions targets imposed on Russian energy had not achieved their intended effects, a point he cited in the broader discussion of how the sector adapts under external pressure. The remark frames sanctions as a challenge that requires a robust domestic response, including expanded production capabilities, diversified markets, and accelerated modernization of infrastructure. The recognition of these limits accompanies a push to prioritize self-reliance while seeking to preserve access to key global markets where feasible. (Tass)
Taken together, these statements sketch a picture of cautious optimism about Russia’s energy trajectory. The leadership signals readiness to adjust forecasts in line with field performance, invest in technological progress for hard-to-recover resources, and strengthen domestic capacities to safeguard hydrocarbon volumes. At the same time, policymakers acknowledge external constraints and the necessity of expanding market reach and efficiency across the industry. The result is a plan that blends short-term production flexibility with long-term resilience, aiming to sustain gas and oil outputs in a changing international energy landscape. (Tass, Rosnedr)