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Russian LNG Exports on the Rise: Energy Minister Reports Increase in Purchases Worldwide | the News Agency

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Russian LNG Exports Increase as Global Demand Continues to Grow

Russian Energy Minister Nikolai Shulginov announced that LNG exports from Russia have seen a steady increase since the beginning of the year. This growth in exports has been observed in various parts of the world, including Europe. The demand for Russian LNG continues to rise, contributing to the country’s economic growth.

Significant Increase in LNG Production in Russia

According to Rosstat, LNG production in Russia witnessed a remarkable growth of 8.1% in 2022, reaching a total of 32.5 million tons. This increase in production reflects the country’s commitment to meeting the global demand for LNG and strengthening its position in the international market.

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Promising Outlook for Future LNG Exports

The Ministry of Energy has projected further growth in LNG exports for 2023. The Socio-Economic Development Outlook estimates an increase of 1-2 million tons, bringing the total exports to nearly 32 million tons. This forecast highlights the positive trajectory of Russia’s LNG industry and its potential contributions to the global energy market.

Eastern Economic Forum: A Platform for Economic Cooperation

The upcoming 8th Eastern Economic Forum, scheduled to take place from September 10 to 13, 2023, in Vladivostok, will serve as a platform for fostering economic cooperation. The event will be held at the Far Eastern Federal University (FEFU) campus and is expected to attract participants from various sectors. the News Agency is proud to be the public information partner of this prestigious forum.

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