Russia’s January to November exports of liquefied natural gas (LNG) increased by 4.7 % from a year earlier to 29.1 million metric tons with just over half going to Europe, LSEG data showed.
Europe took around 14.7 million tons, or 51% of total Russian exports, in the first 11 months of the year.
Total supplies in November alone were stable, at 2.9 million tons, according to the data. October data was revised down to 2.87 million tons from an initially reported 2.97 million tons.
Last month, supplies to Europe rose to 1.27 million tons from 1.0 million tons in October 2024 and declined from 1.66 million tons in November 2023.
The Novatek-led NVTK.MM Yamal LNG plant increased exports in January to November by 6.6% year-on-year to 17.8 million tons.
In November, shipments rose by 3% from October 2024 to 1.68 million tons, but declined also by 3% from November 2023.
According to data from the U.S. Department of the Treasury, U.S.-sanctioned Arctic LNG 2 has dispatched six cargoes since it started exports in August.
A source familiar with the matter said Novatek shut down commercial operations at the first and only operational train of its Arctic LNG 2 project in October with no plans to restart it during winter.
Sakhalin-2, controlled by Gazprom GAZP.MM, exported 8.9 million tons from the Pacific island in January-November, down 2.2% year on year.
Last month supplies from the plant rose to 1.0 million tons from 890,000 tons in October and 950,000 tons in November 2023.
Source: Reuters
