Russia’s gas production soars – data
Output rose by 6.4% in November year-on-year, official statistics show
Russian natural gas production has continued to grow in annual terms for the fourth month in a row in November, reaching nearly 60 billion cubic meters, business daily Kommersant reported this week, citing official data.
Statistics by the Energy Ministry, seen by the newspaper, reportedly show that the figure was up 6.4% compared to November 2022. Analysts attributed such growth dynamics to the low base effect of last year.
Last month’s output growth was due to increased production by the state-run energy company Gazprom, Kommersant wrote. In addition, statistics showed an increase in the output at the Sakhalin-1 oil and gas project in Russia’s Far East.
In general, the total volume of the country’s gas production decreased by 3% in January-November in annual terms to almost 595 billion cubic meters.
READ MORE: Russia about to become one of the world’s biggest LNG producers – Gazprom
Gazprom projected recently that Russia could become the world’s third biggest producer of liquified natural gas, after the US and Qatar.
For more stories on economy & finance visit RT’s business section
More Stories
Youngest Celtics player ‘exceptional’ off bench in win over Bucks
When Sam Hauser went down with the back injury that’s now sidelined him for three straight games, Celtics coach Joe...
Starr’s 7 Questions: Has this postseason put even more pressure on the Red Sox?
The World Series is upon us. Well, not here in Boston, obviously. One last ‘7 Questions’ before the 2024-25 MLB...
Top Labour donor Dale Vince says rich fleeing capital gains tax raid can ‘f— off’
Wealthy individuals threatening to leave the UK to avoid expected tax increases should “f— off,” according to Dale Vince, green...
Xs/Os: How the Patriots toughed out a Jets upset after losing Drake Maye
Thank God for the Jets. Even at 2-6, saddled with all the challenges of a rebuild, the future of football...
Payton Pritchard left Doc Rivers reeling after ‘gut punch’ buzzer-beater
The Milwaukee Bucks prepared for this. They knew how dangerous Payton Pritchard could be when he got from 3-point range,...
Letters to the editor
Carr is right As a Howie Carr fan going back to his days teaming up with Barbara Anderson from Citizens...