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Russia to boost gas export to 438 bcm by 2050

Gas output may reach 853 bcm in 2030, 965 bcm in 2036, and 1.107 trillion cubic meters in 2050

MOSCOW, November 9. /TASS/. Russia’s export of natural gas may rise from 146 bln cubic meters (bcm) in 2023 to 438 bcm in 2050, according to a revised energy strategy through 2050 obtained by TASS, which has been submitted to the Russian government.

According to the targeted scenario, export supplies of gas amounted to 146 bcm in 2023, with pipeline deliveries totaling 101 bcm, while LNG supplies equaling 45 bcm. In 2025, overall volume of gas export may reach 438 bcm, with 197 bcm of pipeline supplies and 241 bcm of LNG.

Russia’s gas production amounted 637 bcm in 2023, according to the strategy. Gas output may reach 853 bcm in 2030, 965 bcm in 2036, and 1.107 trillion cubic meters in 2050. Gas supplies to the domestic market are expected to grow from 496 bcm in 2023 to 669 bcm in 2050.

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