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9 Articles
MOSCOW - Russia's Economy Ministry on Wednesday cut its estimate for natural gas production and exports this year to 683.1 billion cubic meters (bcm), down 5.3 billion cubic meters from a May estimate but still more than the 662.7 billion cubic meters expected in 2025, Reuters reported.
The Russian Ministry of Economy estimates that the country will produce and export less natural gas this year than previously forecast, in the context of Europe's preparations to end its latest Russian gas purchases, according to a government document consulted by Reuters.
As Europe prepares to end its last purchases of Russian gas.
Russia trims 2026 natural gas production forecast to 688.4 bcm
Russia's revised gas forecast highlights challenges in adapting to shifting global markets and sanctions, impacting future energy strategies.
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