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Russia cuts natural gas output, export forecasts
Source: reuters.com
Energy Markets & PricesGeopolitics & WarTrade Policy & Supply ChainEconomic Data
Russia's economy ministry has cut its outlook for domestic natural-gas production and exports this year, according to a draft government document seen by Reuters. The downgrade reflects Europe preparing to end its remaining purchases of Russian gas, reducing a major export market and creating downside risk for Russia's energy-sector revenues.
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