Data shows that Russian LNG exports in Jan-Oct are up by 6%.

LSEG data on Friday showed that Russia's January-October LNG exports increased by 6% compared to a year ago, reaching 26,4 million metric tonnes. Just over half of these were shipped to Europe.

The data show that the October supply rose 10% over September, to 2,97 million tons. This is a record monthly volume for this year. The data for September was revised to 2.7 millions tons, down from the originally reported 2.81million tons.

In the first ten months of this year, Europe imported around 13,4 million tons of Russian exports.

The last month's supplies to Europe were 950,000 tons. This is down from 1.1 millions tons in September 2024, and 1.2million tons in October 2023.

Novatek's Yamal LNG plant has increased its exports from January to October, by 8% on an annual basis.

In October, the number of shipments increased by 5.7% compared to September 2024, reaching 1.67 million tonnes, but decreased by 6% compared to October 2023.

Arctic LNG 2, sanctioned by the U.S. Department of the Treasury has shipped six cargoes ever since it began exports in August.

Sources familiar with the matter say that Novatek stopped commercial operations on the only train operational in its Arctic LNG 2 project at the end of last month, and has no plans to restart the operation during the winter.

Sakhalin-2 (controlled by Gazprom) exported 8 million tonnes from the Pacific Island in January-October. This was a 1.2% decrease year on year.

The plant's output was steady last month, with 950,000 tons of goods produced compared to 840,000 tons in the previous month. (Reporting and writing by Oksana Kobizeva, Editing by Emelia S. Sithole-Matarise; Writing by Vladimir Soldatkin)

(source: Reuters)