Russian LNG in demand amid shortages due to Iran war - Novak
Russian liquefied natural gas (LNG) is in demand on global markets amid gas shortages due to the Middle East conflict, Russian Deputy Prime Minister Alexander Novak said.
Russian liquefied natural gas (LNG) is in demand on global markets amid gas shortages due to the Middle East conflict, Russian Deputy Prime Minister Alexander Novak said.
Russia’s crude oil supplies to China have increased by 31% in Q1 2026 year-on-year to 31.86 mln tons, according to figures released by the General Administration of Customs of China.
A cargo of liquefied natural gas from Russia's Portovaya plant on the Baltic Sea that is under U.S. sanctions is on its way to India, Reuters reported, citing LSEG shipping data.
The European Union increased imports of liquefied natural gas (LNG) from Russia’s Yamal LNG project in the first three months of 2026 by 17% year-on-year, amid supply disruptions from the Middle East, the Financial Times reported, citing analytics firm Kpler.
Russia increased total gas production (natural and associated petroleum gas) in January-February 2026 by 9.2% year-on-year to 129.2 bln cubic meters, according to Rosstat data.
The EU Council has formally approved a full ban on supplies of Russian liquefied natural gas to the European Union starting January 1, 2027, and on pipeline gas - starting September 30, 2027, according to a statement released by the EU Council.
Russia has almost doubled exports of liquefied petroleum gas in the January-November period to the Central Asian countries and Afghanistan to 1.016 million metric tons, industry sources said.
Russia's annual oil production will increase in the medium term to 540 million tons per year, or 3.8 billion barrels per year, or 10.35 million barrels per day, Russia's Deputy Prime Minister Alexander Novak said.
Russia ranked second among China’s liquefied natural gas (LNG) suppliers in November after more than doubling exports, Bloomberg reported.
The United Kingdom plans to ban companies from providing maritime services dealing with carriage of Russian liquefied natural gas to third countries, The Independent reported.
The European Union has become the largest buyer of Russian liquefied natural gas, even as the 19th sanctions package includes a phased ban on LNG imports from Russia, the Guardian reported, citing data from the Centre for Research on Energy and Clean Air.
Russian liquefied natural gas (LNG) exports to the European Union rose by 1.7% in the first half of the year compared to the same period in 2024, exceeding 11 bln cubic meters, according to data from the European analytical center Bruegel.
This year, China will purchase more liquefied natural gas from Russia, the ambassador said. He noted that there is strong demand in China.
The import of Russian liquefied natural gas (LNG) could be banned in the next EU sanctions package. EU countries will take weeks to hammer out the next set of sanctions against Russia, EU diplomats said.
Russia is increasing its energy exports to China