Why is this important
A decrease in gas and oil production indicates the depletion of deposits or technical difficulties. Growth in coal production compensates for energy shortages but increases the carbon footprint of the economy. A decrease in gasoline production can lead to an increase in imports or a shortage in the domestic market.
What happened
- Natural gas production amounted to 32.2 billion cubic meters (−8.4% year-on-year);
- Gasoline production — 884.5 thousand tons (-11.1%);
- Oil production — 490.1 thousand tons (−9.6%);
- Coal production increased by 5.1% to 5.6 million tons.
Comparison with last year
In January-September 2024, 35.1 billion cubic meters of gas were produced, 995 thousand tons of gasoline and 542 thousand tons of oil were produced. Coal in the same period amounted to 5.33 million tons.
Context
The 5% increase in coal production is linked to efforts to compensate for gas shortages for electricity generation. However, coal is a dirty fuel with a high carbon footprint, which contradicts the country’s environmental obligations and the development of “green” energy.
The 5% increase in coal production is linked to efforts to compensate for gas shortages for electricity generation. However, coal is a dirty fuel with a high carbon footprint, which contradicts the country’s environmental obligations and the development of “green” energy.
