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Russia Targets Major Surge in Natural Gas Exports by 2050

OilPrice

Russia sees its pipeline and LNG overseas deliveries surge from 146 billion cubic meters (bcm) in 2023 to 293 bcm in 2030, and further up to 438 bcm by 2050. 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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European Commission Proposes Law Ending Russian Gas, Oil Imports by 2027

Rigzone

The EU imported a total of 70 Bcm in the October-December 2024 period. “As of 2025, the LNG global supply is set to grow significantly - and at increasingly fast pace - with 33 bcm of additional capacity in 2025, more than 50 bcm in 2026, nearly 70 bcm in 2027, and 50 bcm in 2028. billion cubic meters (473.22

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EIA Lastest News – Product Prices & Pipeline News

The Energy Law

Crude oil was up over $2 per barrel. One report is that if the 22 LNG terminals that have been approved for construction are built, their combined regasification capacity could reach 349 Bcm/y. (If If US LNG consumption grows 6% annually, consumption will total 46 Bcm/y by 2020.) MMBtu UP $0.17

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Valor | Energy Connection – May 19, 2025

Valor

bcm, crude oil increased 1.5% Crude oil processing fell 1.4% Read more Chinas fossil fuels production retreats from record levels Summary : Chinas fossil fuel output declined in April from March’s record levels, though year-on-year production remained up: natural gas rose 8.1% to 389 million tons.

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Valor | Energy Connection – Apr. 14, 2025

Valor

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. Crude oil production is projected to rise slightly, from 531 million metric tons in 2023 to 540 million by 2050, with oil exports remaining steady at around 235 million tons per year.

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