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Russia’s Gas Production up 3% on year in August: FSS

NATURAL GAS

Russia’s gas production climbed to 47.7 bcm in August, up from 46.3 bcm in the same month in 2022, according to the Federal Statistics Service.

  • LNG production in August was down 12% on the year to 2.2m mt.
  • In the first eight months of 2023, total gas production reached 411.2 bcm, with LNG production at 20.9m mt.
  • Deputy PM Alexander Novak said last week that Russia’s gas output is forecast to hit 642 bcm in 2023.

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