Page 127 - RusRPTMay21

LNG supplies to Europe are growing, and in April to date they have averaged just 6% below the April 2020 level, according to Interfax. In the last days of March, Europe finished lifting gas from underground storage facilities and started to inject gas instead.
Rystad Energy on Russia's future oil production and what it means for the Russian federal budget. By 2040, Russia's oil production will significantly decline, reaching only 50% of the current levels. The exploration of greenfields will be key.
127 RUSSIA Country Report May 2021 www.intellinews.com