Russia's Jan-Oct LNG exports up 6%, data shows
MOSCOW, Nov 1 (Reuters) -Russia's January to October exports of liquefied natural gas (LNG) increased by 6% from a year earlier to 26.4 million metric tons with just over half going to Europe, LSEG data showed on Friday.
Supplies in October alone rose by 10% from September to 2.97 million tons, a monthly high this year, according to the data. The September data was revised down to 2.7 million tons from an initially reported 2.81 million tons.
Europe took around 13.4 million tons, or 51% of total Russian exports, in the first 10 months of the year.
Last month, supplies to Europe reached 950,000 tons, down from 1.1 million tons in September 2024 and 1.2 million tons in October 2023.
The Novatek-led NVTK.MM Yamal LNG plant increased exports in January to October by 8% year-on-year to 16.2 million tons.
In October, shipments rose by 5.7% from September 2024 to 1.67 million tons, but declined by 6% from October 2023.
According to data from the U.S. Department of the Treasury, U.S.-sanctioned Arctic LNG 2 has dispatched six cargoes since it started exports in August.
A source familiar with the matter said Novatek shut down commercial operations at the first and only operational train of its Arctic LNG 2 project last month with no plans to restart it during winter.
Sakhalin-2, controlled by Gazprom GAZP.MM, exported 8 million tons from the Pacific island in January-October, down 1.2% year on year.
Last month supplies from the plant rose to 950,000 tons from 840,000 tons in September and were steady year on year.
Reporting by Oksana Kobzeva; writing by Vladimir Soldatkin; Editing by Emelia Sithole-Matarise
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