Bank Of Baku

Russia increases gas export through pipelines more than 15%

Russia increases gas export through pipelines more than 15%
# 30 January 2025 16:34 (UTC +04:00)

Russia has exported more than 119 billion cubic meters of gas via pipelines in 2024, which marks a 15.6% increase compared to the previous year, Russian Deputy Prime Minister Alexander Novak said, APA-Economics reports.

"Gas exports via pipelines increased by 15.6% reaching more than 119 billion cubic meters, while liquefied natural gas (LNG) exports increased by 4%, reaching approximately 47.2 billion cubic meters," Alexander Novak wrote in an article published in the "Energy Policy" journal.

According to him, in 2024, gas production in Russia reached approximately 685 billion cubic meters, which is 7.6% more than the 2023 figure.

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