Page 121 - RusRPTApr24

9.0 Industry & Sectors 9.1 Sector news
9.1.1a Oil & gas sector results
Russian oil workers maintained the volume of gasoline supplies to the domestic market in mid-March, according to Kommersant, despite drone attacks on a number of refineries. At the same time, gasoline production decreased by about 4%. The difference is covered by accumulated reserves, the level of which is still significantly higher than a year ago. The total refining volume at Russian refineries has so far decreased by only 0.5% by February. However, the statistics do not yet reflect the effect of a decrease in output at the Samara Group refineries, including the attack on the Kuibyshev Refinery.
Gasoline production in Russia for the week of March 13–19 fell by 3.9% relative to the previous week and by 5.2% relative to the production plan - to 779.4 thousand tons (111.3 thousand tons per day), interlocutors say. Kommersant”, familiar with statistics. The minimum production volume was recorded on March 18 - 104.7 thousand tons per day. This is the first week when gasoline production was affected by drone attacks on the Nizhny Novgorod, Ryazan and Syzran refineries.
Russia in January - February 2024 increased natural gas production by 11.3% y/y to 110bn cubic meters (bcm), according to the Russian State Statistics Service (Rosstat).
In particular, gas production in February amounted to 54.3 bcm, which is 2.5% lower than in January and 16.3% more than in February last year.
Production of liquefied natural gas (LNG) in January - February 2024 amounted to 5.9mn tonnes, which is 8.7% more than in the same period in 2023. In February, LNG production reached 2.8mn tonnes, which is 4.6% more than in February 2023 and 6.3% lower than in January 2024.
Associated petroleum gas production in January-February increased by 3.7% to 17.9bn cubic meters.
Thus, total gas production in Russia (natural and associated petroleum) over the two months of 2024 increased by 10.1% - to 127.9bn cubic meters.
Earlier, Russian Minister of Energy Nikolay Shulginov gave a preliminary forecast according to which gas production in Russia in 2024 could amount to
121 RUSSIA Country Report April 2024 www.intellinews.com