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Russia's oil output edges down by 0.8% in 2025 to 10.3 million bpd
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Russia's oil output edges down by 0.8% in 2025 to 10.3 million bpd
Mar 11, 2026 1:21 AM

*

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.

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