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Russia's Gas Production Drops Despite Surge to China and Domestic Uptake

OilPrice

billion cubic meters (bcm), as higher exports to China and increased domestic demand failed to offset the collapse of pipeline flows to Europe, Bloomberg reported on Wednesday. bcm in 2024, making it the last significant corridor to the EU following… Russia’s natural gas production fell 3.2% That route had accounted for over 15?bcm

BCM 254
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US Overtakes Russia as EU No2 Gas Source

Rigzone

Image by AlbertPego via iStock The United States displaced Russia as the European Union’s second-biggest natural gas supplier in the first quarter due to the expiry of imports of Russian pipeline gas via Ukraine at the start of the year, the European Commission has reported. Bcm, followed by Russia at 14 percent or 9.7

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European Commission Proposes Law Ending Russian Gas, Oil Imports by 2027

Rigzone

No Member State will be left without energy as a result of this proposal” The proposal bans the import of gas in gaseous (via pipeline) and liquefied state that “originates in or is exported directly or indirectly from the Russian Federation” from January 2026, the official text stated. Azerbaijan contributed seven percent.

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Valor | Energy Connection – June 16, 2025

Valor

Read more Iran suspends partial output at major gas field after Israeli attack Summary : Iran partially suspended production at South Pars, the world’s largest gas field, after an Israeli strike caused a fire, halting 12M cm/day output (4% of Iran’s 275 bcm annual production).

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Norway Gas Output Down for Fourth Consecutive Month

Rigzone

Norway also remained the EU’s biggest pipeline gas supplier accounting for 55 percent or 20.6 According to the European Commission’s latest quarterly gas market report, Norway remained the European Union’s top gas - gaseous and liquefied - supplier in the first quarter, accounting for 31 percent or 21.7 MMbd, down 5.9

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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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Factbox-EU’s plan to phase out Russian gas by end-2027

Oil & Gas 360º

The EU plans would affect countries including Hungary and Slovakia, which still receive Russian gas via pipelines, and countries including Belgium, France, the Netherlands and Spain, which buy Russian LNG. The EU imported 32 billion cubic metres (bcm) of Russian gas via pipeline and 20 bcm of Russian LNG last year.

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