HomeEconomyRussia: Gas exports collapsed in 2022, oil exports increased

Russia: Gas exports collapsed in 2022, oil exports increased

The cessation of gas purchases by the Europeans has weighed down Russian exports in 2022, which have fallen by more than 25%.

Russian gas exports plummeted 25.1% in 2022, weighed down by international sanctions, while oil exports increased 7.6% in the same period, the Russian Deputy Prime Minister in charge of Energy announced on Monday.

The collapse of gas exports is due to “the refusal of European countries to buy Russian gas, as well as the sabotage of the Nord Stream 1 and 2 gas pipelines,” against the background of the conflict in Ukraine, Alexander Novak said in an article. . published on the specialized Russian site “Energy Policy”.

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Author: Frederic Bianchi with AFP
Source: BFM TV

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