Russian Federation: Russian LPG exporters redirect most of their supplies to Asia

Exports of liquefied petroleum gases (LPG) from Russia to the EU and other European countries decreased by 26% in 2024 compared with 2023, to 1.8 million tons. This is according to data from the independent research group Petromarket in Russia, which manages databases on the oil and gas business of post-Soviet countries and conducts research and analysis on the development of the oil and gas industry.

Poland has traditionally been the key market for Russian LPG, which is primarily used as motor fuel. In 2022–2023, supplies to Poland accounted for approximately one-third of total exports. SGS INSPIRE published a note on the beginning of the process of redirecting exports of this fuel in December 2023. That month, the