On January 22nd, a report released by the International Energy Agency showed that Russia’s natural gas production will increase by nearly 7% in 2024, reaching 682 billion cubic meters. The International Energy Agency stated in its report that Russia’s natural gas production in 2023 will reach 638 billion cubic meters, a year-on-year increase of 6.9%. The report states that the International Energy Agency predicts that Russia’s natural gas production will continue to grow by 2025, with a projected increase of 1.6% to 693 billion cubic meters.
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