How Much Does Russia Make From Natural Gas?
Di: Everly
Russian fossil fuel exports since the war in Ukraine 2022-2025, by country and type; Pipeline gas export volume in Russia 2021-2023; Monthly natural gas imports from
Russia relies heavily on revenues from oil and natural gas, which in 2021 made up 45% of Russia’s federal budget. In 2021, Russian crude and condensate output reached 10.5 million barrels per day (bpd), making up 14%

Russia’s natural gas production 2000-2023
Share of the oil and gas industry in the gross domestic product (GDP) of Russia from 2017 to 2024 [Graph], Russian Federal State Statistics Service, April 11, 2025. [Online].
In 2019, Russian gas monopoly Gazprom exported a total of 236.9 billion cu. m. of gas. The figure is one of the highest in the company’s history. This included 199.2 billion cu. m. to the
Russia’s top five pipeline gas consumers are Germany, Italy, Belarus, Turkey and the Netherlands. Its top five LNG consumers are Japan, China, France, Spain and Taiwan,
- Russia’s natural gas production 2000-2023
- Oil and gas sector as a share of GDP in Russia 2017-2024
- Russia natural gas production 2023
- Russia’s energy sector explained in 4 simple questions
The Russian oil and gas sector contributes about 20 per cent of the country’s GDP on average, with wide fluctuations due to global price cyclicality and – more recently – to trade restrictions
Imports of Russian oil and gas have decreased substantially, with gas imports dropping from 45% in 2021 to 18% in 2024. However, a quarter of Russia’s fossil fuel export
Russia Natural Gas Production: OPEC: Marketed Production
Russia produced over 586 billion cubic meters of natural gas in 2023, having decreased the volume by approximately five percent compared to the previous year. It ranked as the second-largest
This report attempts to translate the numbers on Russia’s oil and gas revenues into informative insights. The context: resilience to sanctions through tough trade-offs
The UK also imports gas from other European neighbours including the Netherlands, Belgium, and Russia. The remaining gas supplies are transported in a different
101 ZeilenRussia Natural Gas Production: OPEC: Marketed Production was reported at 636,900.000 Cub m mn in Dec 2023. This records a decrease from the previous
Russia electricity production by year. Russia is rich in energy resources. Russia has the largest known natural gas reserves of any state on earth, along with the second largest coal reserves,
In 2021, Russia was supplying EU countries with 40% of their natural gas, with Germany the largest importer, followed by Italy and the Netherlands. That had dropped to
How Europe solved its Russian gas problem
Russia is the world’s second-largest producer of natural gas and the country’s output increased by 3% in 2023, over 2022. The country accounts for 17% of global production,
Natural gas consumption in the EU and UK remained broadly flat in aggregate over this period, but production fell by a third and the gap has been filled by increased imports. Consequently,
The EU produces large parts of its energy domestically, with about 41 percent from renewables and 31 percent from nuclear in 2021, and the rest mostly from solid fuels like hard coal and lignite, and some from natural gas and crude oil..
Germany is the Europe’s biggest importer of natural gas from Russia. In 2022, Germany imported 25.9 billion cubic meters worth of natural gas from Russia. This was
Because the price of natural gas is set by global markets, the value of Russia’s gas varies. However, Russia exported natural gas supplies in 2021 that based on prices at the
Other European Union countries are also heavily dependent on Russian natural gas, which accounted for 45% of the bloc’s imports in 2021, according to the European
How Much Gas Does the UK Use Every Year? Every year, the UK has used an average of 78 billion cubic feet of gas per year since 2011. This is a decrease in the average
Russia exported 6.2 Tcf of dry natural gas in 2022, decreasing 30% year over year from 8.9 Tcf in 2021. China (14% of exports), Türkiye (12%), and Germany (11%) were Russia’s
The Central Bank of Russia’s statistics show that in 2018 Russia exported 260.2 million tons of crude oil, 150.1 million tons of oil products, 220.6 billion cubic meters of natural gas, and 36.7
As of March 2022,, Europe received about 45% of its natural gas via Russian pipelines. However, the European Commission recently announced a plan to reduce demand
Where does Russia get its natural gas? Russia is the world’s second largest natural gas producer. It holds the largest natural gas reserves in the world, the bulk of which
Gazprom owns many of the pipelines that carry natural gas not only in Russia but in much of the former Soviet Union and Eastern Europe. In this way it can manipulate it competitors, which
Russia’s sales of oil and natural gas far exceeded initial forecasts for 2021 as a result of skyrocketing prices, accounting for 36% of the country’s total budget.
Turkey’s natural gas imports from Russia saw a 14% month-on-month increase in January. This surge correlates with a seasonal rise of 14% in natural gas consumption, as
Imports of pipeline gas from Russia have diminished, while volumes of liquefied natural gas The EU’s demand for natural gas declined by over 19% between 2021 and 2024. Gas consumption in the EU. Text version Pie chart
In 2021, Russia exported around 55.5 billion U.S. dollars‘ worth of natural gas to other countries worldwide. The export value more than doubled compared to the previous year.
In 2023, Russia exported an estimated 142 bcm of gas, down sharply from around 244 bcm in 2021. This included about 99 bcm of pipeline gas to Europe, FSU countries, and China, and around 44 bcm of LNG globally (see
The two main factors influencing the EU’s dependence on Russian gas were the increased use of natural gas (not only from Russia) in the “gas seven” countries, the seven EU
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