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Russia produced 512 million tonnes of oil in 2025
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Output is relatively stable despite sanctions, drone
attacks
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Russia's LNG output reached 32 million tonnes last year
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Russia has delayed plan to reach 100 mln t/year of LNG
output
(Adds detail, quote)
MOSCOW, Jan 22 (Reuters) - Russian oil output fell 0.8%
to 10.28 million barrels per day (bpd) last year, accounting for
around a tenth of global production, despite waves of Western
sanctions and Ukrainian drone attacks, according to data
published on Thursday.
Russia is the world's third largest oil producer after the
United States and Saudi Arabia. It also holds the world's
largest reserves of natural gas.
Russian Deputy Prime Minister Alexander Novak told the
energy ministry's in-house magazine that Russia produced 512
million metric tons of oil in 2025. That is a decline from the
516 million tons extracted in 2024.
Russia's oil industry has repeatedly been targeted by
Western powers with sanctions that have aimed to undermine the
war economy while Ukraine has launched waves of drone attacks on
energy infrastructure, including oil refineries and pipelines.
Novak said in December that he expected Russia's oil and gas
condensate production to be broadly unchanged in 2025 from 2024,
at around 516 million tons, an improvement on a previous outlook
for 1% decline, given by President Vladimir Putin in October.
The administration of U.S. President Donald Trump in October
imposed sanctions against Russia's two largest oil producers,
Rosneft and Lukoil.
Trump last year
doubled import tariffs
on Indian goods to 50% last year as punishment for its
purchases of Russian oil.
"Attempts to limit the circle of importers of Russian oil
inevitably lead to disruptions in the stability of global energy
supplies and increase volatility in international energy
markets," Novak said.
He also said Russia's output of liquefied natural gas
reached 32 million tons last year, which is 7% of global
production of the frozen gas.
That's also down from 33 million tones he had expected for
2024.
Last month, Novak said Russia had pushed back by "several
years" a plan to reach an annual liquefied natural gas output
target of 100 million tons.
Russia's long-term plans to gain a fifth of the global LNG
market by 2030-2035 have been challenged by sanctions imposed
over the conflict in Ukraine, including against the new Arctic
LNG 2 plant.