• Gas production forecast Russia 2015-2040

Russian gas production, which was measured at 636 billion cubic meters in 2015, was expected to reach approximately 700 billion cubic meters by 2020, according to the conservative scenario. By 2040, the innovative situation, featured by technological development and promotion of renewable energy, forecasted the production volume at 900 billion cubic meters.

Gas production volume in Russia in 2015 with a forecast until 2040, by scenario* (in billion cubic meters)

Characteristic	Reported data	Conservative	Innovative	Energy Transition
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Source

Release date

June 2019

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Region

Russia

Survey time period

2015

Supplementary notes

* According to the source, the conservative scenario "describes the prospects for world energy in the framework of current technological and regulatory trends. There are no technological revolutions."

The innovative scenario "is based on the premise of accelerated development of new technologies and their transfer from the developed to the developing countries at a rate twice as fast as now." It "assumes strengthening of the already adopted national priorities in promoting renewable energy sources, supporting electric transport and boosting energy efficiency."

The energy transition scenario "envisions that in addition to rapid development of new technologies and their falling costs, there will also be extensive governmental support in the form of direct financial subsidies, standards for producers, ambitious targets, etc." It "projects that priority will always be given to zero or low-carbon technologies."

** Forecasted data.