Russia's Lng Exports to Europe down 1.9% in 2023

tendata blogTrade Trends News

ten data blog05-01-2024

russia gas export,russia gas export to eu,natural gas export to eu

Russia's liquefied natural gas (LNG) exports to Europe fell 1.9 percent to 15.8 million tons in 2023 and to Asia by 11 percent to 14.9 million tons, data released by the London Stock Exchange showed on Tuesday.

In 2023, Europe increased its purchases of LNG from global producers while significantly cutting Russian pipeline gas imports in response to the conflict in Ukraine.

Total Russian LNG exports fell 6% to 31 million tons last year as plants were scheduled for maintenance over the summer. But in December 2023, Russian LNG exports reached a record 3.2 million tons, 1.9 million tons of which came from Yamal LNG.

Novatek (NVTK.MM), Russia's largest LNG producer, provided the bulk of the exports, shipping 18.7 million tons from the Yamal LNG project in the Arctic and 0.8 million tons from Kriogaz Vysotsk in the Baltic Sea, according to preliminary data from the London Stock Exchange Group.

The Gazprom-led Sakhalin-2 project in the Russian Pacific reduces LNG exports by 10% to 10.1 million tons by 2023.

The medium-tonnage Gazprom LNG Potovaya project, launched in September 2022, exported 1.4 million tonnes of LNG by 2023, mainly to Turkey and Greece, with three cargoes destined for China, one of which was via the North Sea route through the Arctic.

Gazprom and Novatek did not respond to requests for comment.

Leave Message for Demo Request or Questions

We always appreciate your visit at We'd love to hear your suggestions, feedback & queries. Please contact us to schedule a demo or learn more about our services. We will respond to your query within 1 working day.
  • Full company name please

  • 输入您的手机号

  • 输入您的邮箱

  • Fill in the code please

More Popular Blogs

These related articles may also be of interest to you

Geting Price

Global Trade Data Leader
Get Pricing
Free Demo
'Target Customer
'Acquisition & Intelligent
'Global Trade Marketing Intelligent
'Decision-Making SaaS Platform

Welcome Tendata · iTrader

Please fill in the infos to get free demo

  • *

    Enter your name please

  • *

    Full company name please

  • *


  • *


  • *


  • Read and agree to Service Agreement and Privacy Policy