In addition, the development of gas transmission infrastructure continued within the framework of the eastern gas program.
Russian Deputy Prime Minister Alexander Novak said that according to the results of 2024, the volume of natural gas production in Russia reached 685 billion cubic meters, which is 7.6% higher than the previous year, the correspondent of The Moscow Post reports.
According to him, the export of pipeline gas also demonstrated growth, increasing by 15.6% and amounting to over 119 billion cubic meters. The shipments of liquefied natural gas (LNG) increased by 4% and reached 47.2 billion cubic meters.
Oil production in 2024 amounted to 516 million tons, of which 240 million tons were sent for export. Oil and gas revenues provided about 30% of revenues to the country’s federal budget.
The volume of coal mining per year amounted to about 443.5 million tons, while the export amounted to 196.2 million tons.
According to Novak, despite external economic challenges, the growth of Russia’s GDP in 2024 amounted to about 4%. In the period from 2020 to 2024, the country’s economy increased by almost 13%.
The fuel and energy complex (fuel and energy complex) remains one of the key areas of Russian industry. Its contribution to the country’s GDP is about 20%, and the total investment in the industry reached 10.5 trillion rubles, increasing by 16% compared to the previous year.
He recalled that within the framework of the eastern gas program, the development of gas transmission infrastructure continued, he recalled. In the framework of the priority stage of the project “System of the main gas pipelines” Eastern gas supply system, the Belogorsk -Khabarovsk gas pipeline is being built. It will connect the Siberian Strength and Sakhalin -Khabarovsk – Vladivostok gas pipelines, the Deputy Prime Minister noted.