Russia’s Ministry of Economic Development predicted in its socioeconomic development forecast for the nation that natural gas production will increase by 4.6 % and increase by 666.7 % in the base case scenario.
According to the estimates, which was carried out by Soviet media company, TASS, network oil exports are forecast to top up by 7 per cent to 108 bln square feet. Exports of LNG ( LNG ) are expected to increase by 14 % to 38 million tonnes by 2024.
Gas output is expected to continue growing to 695.4 bln square feet in 2025, 707.5 bln square feet in 2026, and 727.3 bln square feet in 2027.
Pipeline gasoline exports will increase to 120 bln square feet in 2025, 126 bln square feet in 2026, and then lose to 122 bln square meters in 2027.
LNG imports are forecast to be 40 mln metric tons in 2025, 44 mln measurement plenty in 2026, and 56.6 mln metric tons in 2027.
Non- CIS fuel costs are expected to be at the stage of USD 297.3 per 1, 000 square feet in 2024.
