Natural gas in Russia

The U.S. and Russia have been the predominant producers of natural gas.[1]
Russian natural gas production (red) and exports (black), 1993–2011[needs update]

In 2021 Russia was the world's second-largest producer of natural gas, producing an estimated 701 billion cubic meters (bcm) of gas a year, and the world's largest natural gas exporter, shipping an estimated 250 bcm a year.[2] In 2022 the export market was significantly downsized [vague], following the Russian invasion of Ukraine and Russia reducing exports after countries refused to pay in rubles.[citation needed]

According to The World Factbook estimate, the country also has the largest proven reserves (47 trillion cubic meters (tcm)).[2] BP estimates Russian reserves to be 33 tcm.[3][4] Additionally, Russia is likely to have the largest volume of undiscovered natural gas deposits, an additional 6.7 tcm, according to 2011 US Geological Survey estimations.[5] Russia consumes approximately 460 bcm a year.[2] Flaring is a problem in Russia.[6]

  1. ^ "International / DATA / Natural Gas / Download options / Export CSV (table)". U.S. Energy Information Administration. Archived from the original on 16 October 2024. Retrieved 16 October 2024.
  2. ^ a b c "The World Factbook: Russia". CIA. Retrieved 21 May 2014.
  3. ^ "Table 3.2 Natural gas proven reserves by country". Opec.org. Archived from the original on 2018-02-27. Retrieved 2014-05-22.
  4. ^ BP Statistical Review of World Energy Archived 2013-12-06 at the Wayback Machine.
  5. ^ Christopher J. Schenk (2012). "An Estimate of Undiscovered Conventional Oil and Gas Resources of the World". US Geological Survey.
  6. ^ Global Gas Flaring Tracker Report (PDF) (Report). March 2023.