Kpler Reports New Record for Russian LNG Exports
According to a report, Russian energy supply to the global market, especially the EU, has continued to increase. Read Full Article at RT.com.
TroibNews 
The EU imported over half of Russia's liquefied natural gas (LNG) volumes last year, despite ongoing commitments to reduce energy dependence on the sanctioned country, according to data from analytics firm Kpler, as reported by business daily RBK.
Russia exported a record 33.6 million tons of LNG in 2023, marking a 4% increase from the previous record of 32.9 million tons set in 2022. Notably, December saw Russia achieve a new milestone, exporting 3.25 million tons, which was nearly 14% higher than the previous month and 1.3% above the previous high recorded in December 2022.
The Yamal LNG facility was responsible for the largest portion of Russia's LNG exports in 2023, exporting 21.1 million tons, an increase of 6% over the previous year. In contrast, Sakhalin-2's exports fell by 3.1%, totaling 9.9 million tons. Shipments from Vysotsk, which hosts mid-scale plants Gazprom LNG Portovaya and Kriogaz-Vysotsk, increased by 3.4%, reaching 2.31 million tons.
Additionally, around 186,000 tons were exported from the Utrenny terminal, part of the Arctic LNG 2 project, and Kpler noted another 135,000 tons of Russian LNG shipments came from an unspecified port.
These findings coincide with comments made by Russian Deputy Prime Minister Aleksandr Novak, who stated that by December, LNG exports would reach approximately 33 million tons by the end of 2024.
“We have major projects underway… with new [plants] under construction. LNG is being supplied to both European and Asian countries,” Novak emphasized, adding that the LNG market is “highly competitive” and the number of countries purchasing Russian fuel is “significant.”
According to the report, the EU was responsible for about 17.4 million tons, or 52%, of Russia's total LNG exports in 2024, reflecting a 4% increase from 2023, even as the EU worked to reduce reliance on Russian energy sources.
In June, the EU began targeting Russian LNG with sanctions, which included a ban on re-loading operations and transfers intended for re-export via the EU, with a nine-month transition period.
France, Spain, Belgium, and the Netherlands emerged as the largest importers of Russian LNG within the EU last year.
On the other hand, approximately 45% of the total exports, amounting to 15.2 million tons, were sent to Asian markets. China was the leading buyer in the region with imports of 7 million tons, followed by Japan at 5.7 million tons.
Other notable destinations included Türkiye and Kuwait, the latter significantly increasing its imports to 220,000 tons—an increase of threefold compared to 2023. Additionally, Kpler data indicated that 336,000 tons of Russian LNG were shipped to unspecified locations.
Ramin Sohrabi contributed to this report for TROIB News
Russia exported a record 33.6 million tons of LNG in 2023, marking a 4% increase from the previous record of 32.9 million tons set in 2022. Notably, December saw Russia achieve a new milestone, exporting 3.25 million tons, which was nearly 14% higher than the previous month and 1.3% above the previous high recorded in December 2022.
The Yamal LNG facility was responsible for the largest portion of Russia's LNG exports in 2023, exporting 21.1 million tons, an increase of 6% over the previous year. In contrast, Sakhalin-2's exports fell by 3.1%, totaling 9.9 million tons. Shipments from Vysotsk, which hosts mid-scale plants Gazprom LNG Portovaya and Kriogaz-Vysotsk, increased by 3.4%, reaching 2.31 million tons.
Additionally, around 186,000 tons were exported from the Utrenny terminal, part of the Arctic LNG 2 project, and Kpler noted another 135,000 tons of Russian LNG shipments came from an unspecified port.
These findings coincide with comments made by Russian Deputy Prime Minister Aleksandr Novak, who stated that by December, LNG exports would reach approximately 33 million tons by the end of 2024.
“We have major projects underway… with new [plants] under construction. LNG is being supplied to both European and Asian countries,” Novak emphasized, adding that the LNG market is “highly competitive” and the number of countries purchasing Russian fuel is “significant.”
According to the report, the EU was responsible for about 17.4 million tons, or 52%, of Russia's total LNG exports in 2024, reflecting a 4% increase from 2023, even as the EU worked to reduce reliance on Russian energy sources.
In June, the EU began targeting Russian LNG with sanctions, which included a ban on re-loading operations and transfers intended for re-export via the EU, with a nine-month transition period.
France, Spain, Belgium, and the Netherlands emerged as the largest importers of Russian LNG within the EU last year.
On the other hand, approximately 45% of the total exports, amounting to 15.2 million tons, were sent to Asian markets. China was the leading buyer in the region with imports of 7 million tons, followed by Japan at 5.7 million tons.
Other notable destinations included Türkiye and Kuwait, the latter significantly increasing its imports to 220,000 tons—an increase of threefold compared to 2023. Additionally, Kpler data indicated that 336,000 tons of Russian LNG were shipped to unspecified locations.
Ramin Sohrabi contributed to this report for TROIB News
