Russia's Jan–August LNG exports up 7%, jump by 32% in August

Russia's January–August exports of liquefied natural gas (LNG) increased by 7.3% from a year earlier to 20.7 metric MMt and jumped by almost a third in August compared to the previous month, mainly due to LNG from Yamal, LSEG data showed on Monday.

Europe accounted for 54% of the total, or 11.2 MMt. Total LNG exports increased in August by almost 32% to 2.73 MMt compared to July and 24% year on year.

Exports from Russia to Europe were included in that figure. In August, they declined to about 960,000 t from 1.1 MMt in July and rose from 650,000 t year on year.

The Novatek-led Yamal LNG site in the Arctic sent 12.9 MMt of LNG in January–August, the data showed. Loadings were increased by 11.2% year on year.

But in August, shipments from Yamal LNG increased by 18.8% to 1.71 MMt down from 1.44 MMt a month earlier and from 1.3 MMt a year ago.

Last month, 25 cargoes were loaded from Sabetta, compared with 21 tankers the month before and 18 cargoes a year ago.

At the same time, Sakhalin-2, controlled by Gazprom, exported 6.2 MMt from the Pacific island.

Shipments from the project rose to 900,000 t in August from 300,000 t in July after planned maintenance.

 

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