Russia is the world’s second-largest producer of natural gas and the country’s output increased by 3% in 2022, over 2021. The country accounts for 17% of global production, with the world’s other largest producers being the US, Russia and Iran. GlobalData uses proprietary data and analytics to provide a complete picture of the natural gas sector in Russia in its report, Oil and Gas Upstream Production and Capex Outlook by Projects (Crude and Condensate and Natural Gas), Fields (Active, Planned and Announced), Region, Key Countries, Companies and Forecast, 2023-2027. Buy the report here.
Over the five years to 2022, production from Russia increased by a CAGR of 1% and is expected to rise by a CAGR of 1% between 2023 and 2027.
The largest producers of natural gas in Russia are Gazprom, Novatek and Rosneft Oil. Gazprom was the largest producer of natural gas in 2022 with output up by 1% on 2021.
Novatek was the second-largest producer, with output down by 2%, and Rosneft Oil was third with an increase of 25% on the previous year.
There are 170 natural gas producing fields in Russia of which three are located offshore and the rest onshore. The Yamalo-Nenets Autonomous Okrug has the majority of the natural gas fields in the country with 56.
For more detailed analysis of natural gas sector in Russia, buy the report here.