Data shows that Russia's LNG exports from Jan-Nov are up by 5%.

LSEG reported on Monday that Russia's January-November LNG exports increased by 4.7 % compared to a year ago, reaching 29,1 million metric tonnes. Just over half of these were shipped to Europe.

In the first 11 month of this year, Europe imported around 14.7 millions tons of Russian exports. This is 51% of all Russian exports.

According to data, total supplies were stable in November, with 2.9 million tonnes. The data for October was revised to 2,87 million tons, down from the initial reported 2.97 millions tons.

The supply of goods to Europe fell to 1,27 million tonnes last month from 1,66 million tons the previous November.

Novatek's Yamal LNG plant has increased its exports from January to November, by 6.6% on an annual basis to 17.8 millions tons.

In November, the number of shipments increased by 3% compared to October 2024, reaching 1.68 million tonnes, but also declined by 3% compared to November 2023.

Data from the U.S. Department of the Treasury shows that since August, Arctic LNG 2 exports sanctioned by the U.S. Treasury have shipped six cargoes. According to a source with knowledge of the situation, Novatek stopped commercial operations on the only train operating at its Arctic LNG 2 Project in October. There are no plans for it to be restarted during the winter.

In the period January-November 2016, Sakhalin-2 (controlled by Gazprom) exported 8.9 millions tons of goods from this Pacific island, a decrease of 2.2% compared to last year.

The plant's output rose last month to 1.0m tons, up from 890k tons in October. This will rise to 950,000 tons by November 2023. Reporting by Oksana KOBZEVA; writing by Vladimir Soldatkin, editing by Chizu Nomiyama

(source: Reuters)