Russian LNG Exports Grew 50.4% In 2018 - Customs Agency

Russian LNG Exports Grew 50.4% in 2018 - Customs Agency

Russia exported 50.4 percent more liquefied natural gas last year than a year before, while natural gas sales edged up by almost 5 percent, the country's customs agency said Wednesday

MOSCOW (Pakistan Point News / Sputnik - 06th February, 2019) Russia exported 50.4 percent more liquefied natural gas last year than a year before, while natural gas sales edged up by almost 5 percent, the country's customs agency said Wednesday.

A total of 36.7 million cubic meters (1.3 trillion cubic feet) of LNG was exported in 2018, bringing $5.3 billion in revenues, the official figures show.

Income from natural gas exports stood at $49.1 billion last year, up 28.8 percent from the year before. Russia exported 220.6 billion cubic meters of gas.

In 2017, Russia sold 24.4 million cubic meters of LNG worth $3.17 billion and 210.2 billion cubic meters of natural gas worth $38.1 billion, the customs agency estimated.