According to the economic forecast, the Ministry of Economic Development of Russia announced that the production of natural gas in this country will increase by 4.6 percent.
Russian natural gas production is likely to increase
news agency wam , 28 Apr 2024 - 2:04
According to the economic forecast, the Ministry of Economic Development of Russia announced that the production of natural gas in this country will increase by 4.6 percent.
According to Amac News: The Ministry has said that the country's natural gas has increased by 4.6% and reached 666.7 million cubic meters.
According to the forecast published by the Russian news agency Tass, gas through the pipeline increased by 7% to 108 billion cubic meters. It is expected that liquefied natural gas (LNG) will reach 38 million tons in 2024 with a 14% growth.
Gas production is expected to continue to 695.4 billion cubic meters in 2025, 707.5 billion cubic meters in 2026, and 727.3 billion cubic meters in 2027.
It is also stated in this forecast that pipeline gas will decrease to 120 million cubic meters in 2025, 126 billion cubic meters in 2026 and 122 billion cubic meters in 2027.
LNG is expected to reach 40 million metric tons in 2025, 44 million tons in 2026, and 56.6 million tons in 2027.
Based on this forecast, the price of gas in 2024 will be 297.3 dollars per 1000 cubic meters.
Story Code: 364