Russian energy storage exports

Which countries export most of Russia's oil & natural gas?

Although OECD Europe received most of Russia’s crude oil and natural gas exports last year, countries in Asia and the Oceania region received most of Russia’s coal exports. Of the 10.1 million barrels per day (b/d) of crude oil and condensate that Russia produced in 2021, Russia exported more than 45%, or 4.7 million b/d.

Where does Russia export crude oil and condensate?

The majority of Russia’s crude oil and condensate exports went to OECD Europe, which received almost half of Russia’s total exports. However, at a country level, China imported the largest volume of Russia’s crude oil and condensate exports in 2021.

How much natural gas does Russia export to OECD Europe?

Nearly three-quarters of Russia’s natural gas exports flowed to OECD Europe last year, making up as much as 40% of the region’s natural gas supplies. Europe’s energy dependency on Russia has prompted much debate and soul-searching in the wake of Moscow’s attack on Ukraine.

How much oil does Russia export?

Russia exported about 199,000 b/d of crude oil to the United States in 2021, around 4% of Russia’s crude oil exports for that year. Last year, Russia also exported 8.9 trillion cubic feet (Tcf) of liquefied and piped natural gas, 36% of the 24.8 Tcf of natural gas it produced.

Which countries export the most coal in Russia?

China imported nearly 25%, or 63 MMst, while South Korea, Japan, and Taiwan together received about 22% of Russia’s coal exports. One-third of Russia’s coal exports were sent to OECD Europe. Germany, the Netherlands, Turkey, and Poland combined received 24% of all Russia’s coal exports in 2021.

How did sanctions affect Russia's energy trade?

Sanctions related to the Russia’s full-scale invasion of Ukraine expedited a shift in Russia’s energy trade toward Asia.54 Asia and Oceania received 85% of reported crude oil exports from Russia in 2023, 37% of Russia’s petroleum product exports, and 84% of Russia’s coal exports.