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natural gas extraction contracted -4.9% y/y, crude oil extraction was down -0.7% y/y.
Given the high 1H19-base in mining & quarrying (in LNG and crude oil extraction, in particular), the OPEC+ agreements and a potential spillover from China, analysts do not see the output in mining & quarrying being boosted in the near future.
Electricity & gas production was down -4.7% y/y in January, water supply was in the black at +1.1% y/y. January this year was, on average, 5°C warmer than in 2019.
30 RUSSIA Country Report March 2020 www.intellinews.com