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RUSSIA: LNG Exports in First 9 Months of 2024 Rise Close to 5% Y/Y

RUSSIA
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  • Russian LNG exports rose 4.9% Y/Y to 24.36 million tonnes in the first nine months of 2024, Kommersant report. However, exports in September grew by only 1.8% to 2.69 million tonnes, as Belgium, one of the largest European importers of Russian LNG, almost completely stopped buying from Novatek.
  • Bloomberg report that North Korea is likely to deploy troops to the battlefields in Ukraine, according to South Korea’s defense chief, as Pyongyang ramps up its support for Russia while taking further measures to distance itself from any form of possible rapprochement with Seoul. That follows similar comments from South Korea’s defence minister yesterday.
  • President Vladimir Putin meets his Belorussian counterpart today while the St. Petersburg Gas Forum continues. Weekly CPI data will cross the wires this afternoon.
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  • Russian LNG exports rose 4.9% Y/Y to 24.36 million tonnes in the first nine months of 2024, Kommersant report. However, exports in September grew by only 1.8% to 2.69 million tonnes, as Belgium, one of the largest European importers of Russian LNG, almost completely stopped buying from Novatek.
  • Bloomberg report that North Korea is likely to deploy troops to the battlefields in Ukraine, according to South Korea’s defense chief, as Pyongyang ramps up its support for Russia while taking further measures to distance itself from any form of possible rapprochement with Seoul. That follows similar comments from South Korea’s defence minister yesterday.
  • President Vladimir Putin meets his Belorussian counterpart today while the St. Petersburg Gas Forum continues. Weekly CPI data will cross the wires this afternoon.