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Gasoline Prices in Russia increased to 0.79 USD/Liter in June from 0.76 USD/Liter in May of 2025. This dataset provides the latest reported value for - Russia Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Russia Average Export Price: Natural Gas data was reported at 251.200 USD/1000 Cub m in Nov 2018. This records a decrease from the previous number of 260.800 USD/1000 Cub m for Oct 2018. Russia Average Export Price: Natural Gas data is updated monthly, averaging 217.550 USD/1000 Cub m from Dec 1999 (Median) to Nov 2018, with 228 observations. The data reached an all-time high of 414.700 USD/1000 Cub m in Nov 2011 and a record low of 65.500 USD/1000 Cub m in Dec 1999. Russia Average Export Price: Natural Gas data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.PC001: Average Export Price.
Over the considered period of time, the average price paid for gas imported from Russia peaked in October 2022 at nearly *** euros per megawatt hour in Hungary. By comparison, the price of Russian import gas totaled approximately ** euros per megawatt hour in the corresponding period of the previous year.
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TTF Gas fell to 34.42 EUR/MWh on July 15, 2025, down 2.91% from the previous day. Over the past month, TTF Gas's price has fallen 9.14%, but it is still 4.95% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF - values, historical data, forecasts and news - updated on July of 2025.
The average consumer price of one liter of motor gasoline in Russia stood at ** Russian rubles in February 2025, having increased slightly from the previous month. The monthly price saw a decline in January 2025.
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Russia Wholesale Price: Natural Gas: Industry data was reported at 3,506.000 RUB/1000 Cub m in 2013. This records an increase from the previous number of 3,049.000 RUB/1000 Cub m for 2012. Russia Wholesale Price: Natural Gas: Industry data is updated yearly, averaging 2,665.000 RUB/1000 Cub m from Dec 2008 (Median) to 2013, with 6 observations. The data reached an all-time high of 3,506.000 RUB/1000 Cub m in 2013 and a record low of 1,690.000 RUB/1000 Cub m in 2008. Russia Wholesale Price: Natural Gas: Industry data remains active status in CEIC and is reported by Federal Tariff Service (FTS of Russia). The data is categorized under Russia Premium Database’s Prices – Table RU.PE001: Wholesale Price: Natural Gas: Annual.
The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in May 2025. By contrast, natural gas prices in Europe were about three times higher than those in the U.S. Prices in Europe tend to be notably higher than those in the U.S. as the latter benefits from being a major hydrocarbon producer. Europe's import reliance European prices for natural gas rose most notable throughout the second half of 2021 and much of 2022, peaking at over ** U.S. dollars per million Btu in August 2022. The sharp rise was due to supply chain issues and economic strain following the COVID-19 pandemic, which was further exacerbated by Russia’s invasion of Ukraine in early 2022. As a result of the war, many countries began looking for alternative sources, and Russian pipeline gas imports to the European Union declined as a result. Meanwhile, LNG was a great beneficiary, with LNG demand in Europe rising by more than ** percent between 2021 and 2023. How domestic natural gas production shapes prices As intimated, the United States’ position among the leaders of worldwide natural gas production is one of the main reasons for why prices for this commodity are so low across the country. In 2023, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.
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Russia Average World Price: Natural Gas data was reported at 258.800 USD/1000 Cub m in May 2018. This records a decrease from the previous number of 281.200 USD/1000 Cub m for Apr 2018. Russia Average World Price: Natural Gas data is updated monthly, averaging 302.400 USD/1000 Cub m from Sep 2004 (Median) to May 2018, with 165 observations. The data reached an all-time high of 576.700 USD/1000 Cub m in Jan 2009 and a record low of 137.100 USD/1000 Cub m in Sep 2004. Russia Average World Price: Natural Gas data remains active status in CEIC and is reported by Ministry of Finance of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.PC002: Average World Prices, Crude Oil Export Price, Crude Oil Export Duty.
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Graph and download economic data for Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Russia (RUSCPGREN01GPQ) from Q1 2012 to Q4 2021 about Russia, fuels, electricity, energy, gas, CPI, price index, indexes, and price.
As a result of the Russian invasion of Ukraine in late February 2022, the value of Russian gas imports to the European Union soared. The import value of Russian gas stood at around 171.8 million euros on February 21, just days before the start of the Russia-Ukraine war. By April 4, the Russian gas import value had surged to nearly 265 million euros. While the gas import value decreased substantially in spring and summer 2022, so did the gas import volume. In effect, the European Union paid more for less gas.
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Natural gas producers are facing turbulent times. Europe has traditionally relied on Russia and Norway as internal sources of natural gas, while countries such as the US, Qatar and Algeria are major sources of imports (although accounting for a much smaller share of overall consumption). Russia’s invasion of Ukraine has shaken up Europe’s natural gas supply structure, with European governments making efforts to reduce their dependence on Russian gas supplies. Revenue is forecast to swell at a compound annual rate of 16.2% to €113.9 billion over the five years through 2025. Revenue expanded in 2021 and 2022 as a sharp hike in natural gas prices and a post-pandemic rise in demand drove an increase in exploration and production activity. Russia’s invasion of Ukraine led to a spike in natural gas prices, with the impacts of reduced demand for gas and a decrease in Russian gas production outweighed by soaring wholesale prices and heightened demand for other natural gas reserves, spurring a jump in revenue. An ongoing reduction in demand for natural gas and easing prices caused revenue to dip in 2023 and 2024. In 2025, revenue is slated to bounce back by 53.3% owing to geopolitical uncertainties, including trade wars and fresh sanctions on Russia, buoying natural gas prices. Revenue is forecast to rise at a compound annual rate of 2.3% over the five years through 2030 to just under €128 billion. The gas market will continue to be shaped by geopolitical tensions into the medium term, with the International Energy Agency expecting natural gas prices to remain high until 2025 as countries continue to shift their supply structure. Following this, natural gas demand and prices are set to fall as Europe continues to expand its renewables capacity.
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Russia Avg Producer Price: OKPD2: Energy: Natural Gas data was reported at 3,391.150 RUB/1000 Cub m in Mar 2025. This records a decrease from the previous number of 3,395.140 RUB/1000 Cub m for Feb 2025. Russia Avg Producer Price: OKPD2: Energy: Natural Gas data is updated monthly, averaging 2,090.310 RUB/1000 Cub m from Jan 2017 (Median) to Mar 2025, with 99 observations. The data reached an all-time high of 3,842.570 RUB/1000 Cub m in Sep 2023 and a record low of 1,533.720 RUB/1000 Cub m in Feb 2018. Russia Avg Producer Price: OKPD2: Energy: Natural Gas data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.RBL008: Average Producer Price: Energy. [COVID-19-IMPACT]
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Russia: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 0.59 dollars, a decline from 0.81 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Russia from 1995 to 2016 is 0.61 dollars. The minimum value, 0.28 dollars, was reached in 1998 while the maximum of 0.99 dollars was recorded in 2012.
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Graph and download economic data for Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Russia (RUSCPGREN01GPM) from Jan 2012 to Feb 2022 about Russia, fuels, electricity, energy, gas, CPI, price index, indexes, and price.
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The Russian Federation's natural oil and gas upstream market, a cornerstone of the national economy, is projected for robust growth, driven by sustained global energy demand and strategic government initiatives aimed at enhancing production efficiency and exploring new reserves. The market's size in 2025 is estimated at $300 billion (based on a logical estimation considering the significant role of oil and gas in the Russian economy and the provided CAGR), exhibiting a Compound Annual Growth Rate (CAGR) exceeding 2.50% from 2025 to 2033. This expansion is fueled by ongoing investments in advanced extraction technologies, exploration activities targeting untapped reserves (primarily in Arctic and Siberia regions), and government support for domestic energy companies. However, fluctuating global oil prices, sanctions and geopolitical instability pose significant challenges. These factors create volatility within the market and necessitate ongoing adaptation from industry players. The market is segmented by production analysis, consumption analysis, import and export market analyses (both value and volume), and price trend analysis. Key players include Rosneft, Gazprom, Novatek, Lukoil, Surgutneftegas, and international giants like TotalEnergies and Shell. Competitive dynamics are shaped by both the dominance of state-owned enterprises and the presence of international companies striving to maintain or expand their market share. Future growth will depend on a complex interplay of global energy policies, technological innovations, and evolving geopolitical circumstances. The sector's performance in the coming years will be heavily influenced by the international community's response to Russia's energy exports and investments aimed at diversifying energy sources. Maintaining production levels and exploring new opportunities will be crucial for the sector's sustained success during the forecast period (2025-2033). Recent developments include: November 2022: According to Japan's Chief Cabinet Secretary, the Russian government accepted Sakhalin Oil and Gas Development Co.'s involvement in the new operator of the Sakhalin 1 oil and gas project. Tokyo views this as an important development for the country's energy security., May 2022: The potential purchase of BP's 20% investment in Rosneft has been the subject of exploratory conversations between ONGC, Bharat Petroleum, and Oil India. ExxonMobil's 30% share in the Sakhalin-I project and Shell's 27.5% interest in the Sakhalin-II project are both up for bid, and ONGC is evaluating them both.. Notable trends are: Onshore Segment Expected to Dominate the Market.
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Natural Gas Imports from Russia in European Union decreased to 72969 Terajoule in September from 87799 Terajoule in August of 2023. This dataset includes a chart with historical data for European Union Natural Gas Imports From Russia.
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The Russia Federation oil and gas industry, a cornerstone of the national economy, is projected to experience sustained growth throughout the forecast period (2025-2033). While precise market size figures for 2025 are not provided, a reasonable estimate, considering the substantial historical production and export volumes, places the market value in the hundreds of billions of US dollars. A CAGR exceeding 3% indicates a robust expansion fueled by several key drivers. These include ongoing domestic demand, a significant portion of which is driven by energy-intensive industries, and consistent global demand for Russian energy resources despite geopolitical complexities. Further growth drivers stem from strategic investments in upstream exploration and production, modernization of existing infrastructure, and potential increases in export capacity depending on global energy market dynamics. However, the industry faces constraints such as fluctuating global oil and gas prices, environmental regulations aimed at reducing carbon emissions, and the ongoing impact of international sanctions. The industry's segmentation reveals a complex interplay between production, consumption, import, and export dynamics, necessitating a comprehensive understanding of each segment to identify investment opportunities and potential challenges. Major players, including Rosneft, Gazprom, Novatek, Lukoil, and Transneft, dominate the landscape, wielding significant influence on production, pricing, and export strategies. The Russia Federation's oil and gas sector will likely undergo a period of strategic adaptation in the coming years. To maintain growth trajectory despite existing restraints, diversification of export markets, investment in renewable energy sources to mitigate environmental concerns, and technological advancements aimed at improving efficiency will be crucial. While the dominance of established players is likely to persist, the emergence of new technologies and market opportunities may present avenues for smaller companies to gain a foothold. The ongoing geopolitical climate will continue to play a significant role, shaping both opportunities and risks within this vital sector. A detailed analysis of regional variations in production, consumption, and trade will further illuminate the opportunities and challenges facing different stakeholders within the industry. Projections for the coming years should factor in these diverse factors to provide a realistic and informed assessment of growth potential and market dynamics. Recent developments include: In October 2022, ExxonMobil Corp. announced that it left Russia completely after President Vladimir Putin expropriated its properties following seven months of discussions over an orderly transfer of its 30% stake in a major oil project., In September 2022, Shell PLC walked away from Russia's Sakhalin-2 liquefied natural gas project after President Vladimir Putin transferred the major facility to a new operating company. The President also issued a decree that blocks ExxonMobil Corp. from selling its interest in the Sakhalin-1 oil project until the end of the year.. Notable trends are: Upstream Segment Expected to be the Fastest-growing Market.
In 2021, Russia exported around 55.5 billion U.S. dollars' worth of natural gas to other countries worldwide. The export value more than doubled compared to the previous year. The highest natural gas export value over the observed period was recorded at 69.11 billion U.S. dollars in 2008. Gazprom's monopoly in Russian gas export Gazprom is a Russian energy corporation established in 1989 and co-owned by the government. The company has the monopoly on the country's gas export market through a clause in the Federal Tax Code, thus limiting access of domestic competitors, such as Rosneft and Novatek, to international markets. The leading gas company in Russia, Gazprom is also the global leader in gas production by output, measured at nearly 40 billion cubic feet daily in 2020. Besides exploration and production, the company is engaged in marketing, transportation, distribution, and other supply chain components. In 2019, Gazprom accounted for nearly 11 percent of the world's natural gas output. The company is an example of a national champion, as the corporation advances Russia's interests and accounts for over five percent of the country's GDP. Gas exports from Russia to China Russian gas exports to non-CIS countries, including China, saw a decrease in 2019 and 2020. In May 2014, Russia signed a 400 billion U.S. dollars contract with China, the biggest natural gas deal since the collapse of the USSR. Under the contract, Gazprom was to annually supply 38 billion cubic meters of natural gas for over 30 years at a cost of 350 U.S. dollars per thousand cubic meters. In 2019, Gazprom commenced the first pipeline gas supplies to China via the pipeline Power of Siberia. In February 2022, Gazprom and Chinese CNPC agreed on a 30-year gas supply deal, increasing supplies by 10 billion cubic meters per year.
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Russia Avg Producer Price: OKPD2: Oil & Gas: Gas Condensate data was reported at 11,564.740 RUB/Ton in Jan 2019. This records a decrease from the previous number of 11,680.920 RUB/Ton for Dec 2018. Russia Avg Producer Price: OKPD2: Oil & Gas: Gas Condensate data is updated monthly, averaging 10,145.150 RUB/Ton from Jan 2017 (Median) to Jan 2019, with 25 observations. The data reached an all-time high of 12,710.850 RUB/Ton in Oct 2018 and a record low of 5,672.690 RUB/Ton in Feb 2017. Russia Avg Producer Price: OKPD2: Oil & Gas: Gas Condensate data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Prices – Table RU.PB001: Average Producer Price: Mining and Quarrying.
The average consumer price of the motor gasoline brand AI-95 in Russia has increased since the start of 2024 and stood at almost ** Russian rubles per liter in November 2024. The price of the most expensive category, AI-98 or higher, was measured at over ** Russian rubles per liter, more than ** Russian rubles more than in the corresponding month of the previous year.
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Gasoline Prices in Russia increased to 0.79 USD/Liter in June from 0.76 USD/Liter in May of 2025. This dataset provides the latest reported value for - Russia Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.