Russia plans to increase gas production to 1.1 trillion cubic meters by 2050

MOSCOW. April 14 (Interfax) - Russia's gas production is projected to grow to 1.107 trillion cubic meters by 2050 compared to 685 bcm in 2024, according to figures for the target scenario outlined in the accelerated energy transition scenario of Russia's Energy Strategy until 2050, approved by government directive no. 908-r dated April 12, 2025.

The document has been published on the government's website.

The inertial scenario through 2050 projects gas production at 922 billion cubic meters.

For 2030, the target scenario sets gas production at 853 bcm, rising to 965 bcm by 2036.

Domestic market supplies under the target scenario are projected to reach 560 bcm in 2030, 589 bcm in 2036 and 669 bcm in 2050, compared to 496 bcm in 2023.

Exports are expected to grow to 293 bcm in 2030 and 438 bcm in 2050. They stood at 146 bcm in 2023. This includes pipeline gas exports reaching 197 bcm (101 bcm in 2023) and LNG exports growing to 241 bcm (approximately 185 million tonnes), from 45 bcm in 2023.

Key performance indicators include increasing the extent of gas infastructure for Russia's population from 73.8% in 2023 to 82.9% by 2030, reaching 84% in 2036 and 86.2% by 2050.

The strategy also forecasts increased design capacity of export pipelines to Far East and Asia-Pacific countries from 30 bcm in 2023 to 98 bcm, with LNG production growing from 32.339 million tonnes in 2023 to 90-105 million tonnes by 2030, 110-130 million tonnes by 2036 and 110-175 million tonnes by 2050.