Gas production in Russia increased by 14% in February
In February this year, Russian gas production increased by 13.8% to 64.5 billion cubic meters. In the first two months, the country's extraction of blue fuel increased by 10% to 131.5 billion cubic meters, according to the Kommersant newspaper.
This year's growth is mainly provided by Gazprom, which in February increased its figures by 20% year-on-year to 44 billion cubic meters. NOVATEK in February increased production by 2.5% year-on-year to 6.5 billion cubic meters, and for 2 months by 4% to 13.7 billion cubic meters.
Rosneft's February figures are 2.8% growth, while LUKOIL's increase is 3%. At the same time, Surgutneftegaz reduced production by 19%.
Experts explain the increase in the production of blue fuel in Russia by the growing domestic demand and the effect of the low base of last year.