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Russia Targets Major Surge in Natural Gas Exports by 2050

OilPrice

Russia expects its natural gas exports, including via pipeline and LNG, to jump twofold by 2030 and threefold to 2050 under its new long-term energy strategy approved by the government on Monday. Crude oil and condensate production is targeted to increase from 531 million metric tons per year, or 10.66 million bpd, by 2050.

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Global gas demand: locking in the peak for economic, energy and climate security

Energy Transition

To do this, demand must fall by 110 bcm per year until 2030. Under current trends, global gas demand is set to peak before the decade’s end. Bringing forward this peak in line with climate imperatives can bolster economic growth, security, and resilience.

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India's natural gas consumption set to surge 60% by 2030

Energy Central

The report projects India's natural gas consumption to increase by nearly 60% to reach 103 billion cubic meters (bcm) per year by 2030, positioning the country's consumption levels.

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IGU report: Global Natural Gas Investment Gap Could Lead To a Supply Shortfall By 2030

Energy Central

According to IGU’s report, global gas demand in 2023 increased by 59 billion cubic meters (Bcm) (1.5

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Valor | Energy Connection – Apr. 14, 2025

Valor

Read more Russia targets major surge in natural gas exports by 2050 Summary : Russia aims to double its natural gas exports by 2030 and triple them by 2050 under its new energy strategy. The country’s gas exports are expected to increase from 146 bcm in 2023 to 293 bcm by 2030, and up to 438 bcm by 2050.

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