Russia may produce 523 mln metric tons of gas in 2024 — energy minister

Business & Economy February 20, 14:33

Nikolay Shulginov added that refining will be "slightly lower than in the last year"

MOSCOW, February 20. /TASS/. The Russian Ministry Energy expects domestic oil production will total 523 mln metric tons, minister Nikolay Shulginov said at a press conference at the Russia Expo international forum.

"[Oil production] will provisionally total 523 [mln metric tons]; gas [production] - 667 [bln cubic meters]. Refining will be slightly lower than in the last year," Shulginov said.

Oil and gas condensate production in Russia in 2023 contracted annually by 0.8% to 530.6 mln metric tons, according to the presentation of Deputy Prime Minister Alexander Novak for his report in the Federation Council.

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