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2016-12-21 18:45:00

RUSSIAN GAS PRODUCTION: 637 BCM

RUSSIAN GAS PRODUCTION: 637 BCM

PLATTS - Russia's gas production, including associated petroleum gas, is estimated at 637 Bcm in 2016, which would represent a marginal increase of 0.2% year on year, energy minister Alexander Novak said late Tuesday.

At the same time, gas exports from the country are estimated to have risen around 5% at 202.3 Bcm, Novak said. The figure includes LNG deliveries. The increase in exports was mainly supported by purchases of pipeline gas by European clients earlier this year.

Total Russian gas supplies to Western Europe and Turkey in the first nine months of the year rose 8.8% to 103.25 Bcm, on the back of strong Russian flows in the first quarter of 2016, when Russian oil-indexed contracts were relatively cheap following the oil price crash.

Coal output is expected to rise 3.2% year on year to 385.4 million mt, with exports increasing 5.8% to 165 million mt, Novak said.

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Earlier: 

RUSSIA SANCTIONS FOREVER 

THE HOPE OF RUSSIA'S ECONOMY 

IMF: EXTERNAL RISKS FOR RUSSIA 

RUSSIA'S STABLE OUTLOOK 

RUSSIAN OIL&GAS INVESTMENT

 

 

 

Tags: RUSSIA, GAS

Chronicle:

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RUSSIAN GAS PRODUCTION: 637 BCM
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RUSSIAN GAS PRODUCTION: 637 BCM
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OIL PRICE: ABOVE $75

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