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The U.S. and Russia have been the predominant producers of natural gas. [1] Russian natural gas production (red) and exports (black), 1993–2011 [needs update]. In 2021 Russia was the world's second-largest producer of natural gas, producing an estimated 701 billion cubic meters (bcm) of gas a year, and the world's largest natural gas exporter, shipping an estimated 250 bcm a year. [2]
Country Analysis: Russia's Oil and Natural Gas. "Major Russian Companies: Some Details" (1995–1996), Joint Project by Expert Magazine and Menatep Bank, undated. "Russia's oil renaissance", BBC, 24 June 2002. History of Oil in Russia, Sibneft, 2003. "The Oil and Gas Industry": 1999–2000 and 2000–2004, Kommersant, 23 October 2001 and 17 May ...
China is the largest importer of Russian crude (making up 20% of Russian exports), [3] [17] [18] but Russia exports a significant volume to buyers in Europe. [3] Russian crude and oil product exports, Jan 2020-Dec 2021. While the Russian oil industry has seen a period of consolidation in recent years, several major players remain.
The Freeport natural gas export terminal accounts for about 20% of U.S. gas exports, Mikulska said. After the explosion, the terminal went offline, leaving more gas in the U.S. than expected.
In the first nine months of 2021, the latest data available from Russian gas producer Gazprom show its revenue from sales to Europe, Turkey and China was 2.5 trillion roubles ($31 billion) from ...
Due to constant announcements of shale gas recoverable reserves, as well as drilling in Central Asia, South America, Africa, and deepwater drilling, estimates are updated frequently. Since 2000, some countries, notably the US and Canada, have seen large increases in proven gas reserves due to development of shale gas , but shale gas deposits in ...
Natural gas presented as an instrument of Russian state power. A number of disputes over the natural gas prices in which Russia was using pipeline shutdowns in what was described as "tool for intimidation and blackmail" [48] caused the European Union to significantly increase efforts to diversify its energy sources. [8]
According to the first such comprehensive assessment published by the Russian statistics agency Rosstat in 2021, the maximum total share of the oil and gas sector in Russia's GDP, including extraction, refining, transport, sale of oil and gas, all goods and services used, and all supporting activities, amounts to 16.9% in 2017, 21.1% in 2018 ...