Page 122 - RusRPTApr24

about 667bn cubic meters. Gas production in Russia in 2023 decreased by 5.5% compared to the previous year to 636.9bn cubic meters.
According to the basic forecast of the Ministry of Economic Development, gas production in Russia in 2024 will increase to 666.7bn cubic meters, in 2025 - to 695.4bn cubic meters, in 2026 - to 707.5bn cubic meters.
9.1.1b Oil sector news
● Production
In total, Reuters calculated that up to 14% of Russia’s refinery capacity is currently out of action thanks to Ukraine’s drone strikes as of the end of March. Since Ukraine appears capable of hitting targets within a 1,000km range, more than a third of Russia’s refinery capacity is under threat.
Russia banned gasoline exports at the end of February. And increased its imports of Belarusian gasoline the following month (this has gone from zero in January to 3,000 tons in March). Western sanctions are obviously having an effect when it comes to the speed with which damaged refineries can be repaired.
The State Statistics Service reported that, between March 18 and March 24, gasoline production in Russia was down 7.4% on the previous week and
122 RUSSIA Country Report April 2024 www.intellinews.com