Russian LNG Exports Rise 11.5 Percent Through May
Russian liquefied natural gas exports rose 11.5% to 14.5 million metric tons between January and May as the Arctic LNG 2 project increased supplies. Shipments to Europe grew 16.7% during the period despite a planned EU ban on Russian gas imports by 2027.
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Russia increased liquefied natural gas exports 11.5% to 14.5 million metric tons during January to May 2024. Growth followed a 23% jump in May shipments to 3.12 million tons, the highest monthly level since December 2023.
