Customs: Russia’s LNG exports falls 31% to 3.7 mcm in February

MOSCOW, Apr 8 (PRIME) -- Russia’s exports of liquefied natural gas (LNG) fell 31.3% on the month to 3.7 million cubic meters in February with revenue decreasing 8.4% to U.S. $687.7 million, the Federal Customs Service said in a statement on Monday.

Exports of natural gas rose 10.3% to 20.2 billion cubic meters with revenue growing 5.7% to $4.712 billion.

In January–February, LNG exports grew 81% on the year to 9.1 million cubic meters with revenues more than doubling to $1.438 billion. Natural gas exports went down 2.7% to 38.5 billion cubic meters worth $9.173 billion, a rise of 14.9%.

In 2018, exports of LNG jumped 50.4% on the year to 36.7 million cubic meters and of natural gas rose 4.9% on the year to 220.6 billion cubic meters.

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