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MOSCOW: Total exports of Russian gas to European countries in 2024 were 18-20% higher than last year, the Interfax news agency cited Deputy Prime Minister Alexander Novak as saying on Wednesday.

In January-November, supplies of both pipeline gas and liquefied natural gas (LNG) exceeded 50 billion cubic metres, Novak was quoted as saying.

Saudi Arabia was top buyer of Russian fuel oil and VGO in November

“Despite all the statements and sanctions pressure because gas is a highly ecological product it is in demand. And Russian gas is the most cost-efficient, both in terms of logistics and the price,” Novak was cited as saying.

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