Molodtsov: the Ministry of Energy anticipates the growth gas production across Russia up to 700 bcma

The Russian Ministry of Energy expects the growth of gas production up to 700 bcma. The absolute gas yield will increase, and we expect it to boost to 700 bcma, — as reported by the Deputy Energy Minister Kirill Molodtsov.

“At present, about 80% of Russian gas is extracted in Yamal, with the rate to be maintained in the next 20 years,” — he added.

Alexander Novak, Minister of energy, had earlier noted that the centre of Russian gas production is shifted from Khanty-Mansi towards the Arctic, with the investment of producing companies to further increase.

Source: TASS

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