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Russian Gas Output Rose 3.3% in Dec

NATURAL GAS

Russia’s gas output rose 3.3% y/y in December to 61.9bcm according to Bloomberg based on Federal Statistics Service data.

  • Production including natural gas and associated gas output was 638bcm in 2023 and 5.75% below levels seen in 2022.
  • LNG production increased 6.6% y/y to 3.3m tons in December but LNG output for the full year 2023 fell 2.4% y/y to 32.9m tons.

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