Novak: Russian gas exports will drop by about a quarter in 2022

Novak: Russian gas exports will drop by about a quarter in 2022

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At the end of 2022, Russia will reduce gas exports by about a quarter, and production will decrease by 12%. He said this in an interview TASS Deputy Prime Minister Alexander Novak. In 2021, gas production in Russia grew by 10%, exports by 3%.

Mr. Novak claims that this year, gas production and exports will “forcefully fall.” “Gas production at the end of the year will be 12% less than in 2021, and exports will decrease by about a quarter. This is primarily due to the shutdown of the export infrastructure,” he said.

The Deputy Prime Minister added that the production and export of liquefied natural gas will grow by more than 8.7%.

Last week Alexander Novak saidthat Russia this year will reduce gas production by 18-20%, to 671 billion cubic meters. m. of gas. It is planned that 470 billion cubic meters of these volumes will be sent to the domestic market. m. Gazprom reported that from January to December, 394.1 billion cubic meters were produced. m of gas – by 19.6%, less than a year earlier.

Read about the situation on the market in the material “Kommersant FM” “Russia made a move by Gazprom”.

Laura Keffer

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