Russia is pumping less oil than before it invaded Ukraine, according to satellite imagery that measures gas flaring from Russian oil fields. | BISouthAfrica
Business Insider USTanks belonging to Transneft, a Russian state-owned company that operates the country's oil pipelines, at the Ust-Luga oil terminal. The NASA imagery, analysed by OilX, monitors light emitted from gas flaring on Russian oilfields.For more storiesRussia is pumping less oil than before it invaded Ukraine, according to satellite imagery that measures gas flaring from Russian oil fields.
Between 1 and 19 April, Russian oil production fell to 10.1 million barrels a day on average, less than the 11 million seen in March and the 11.1 million seen in February, according to data from analytics firm OilX, shared with Insider. The decline between February and April represents a 9% drop. OilX uses imagery from NASA satellites to track the amount of light emitted from oil derricks as they burn excess natural gas in a process known as flaring. Lower light emissions indicate that less oil is being pumped, and vice versa.over its invasion of Ukraine, which began on 24 February.
Russian oil production between 1 and 19 April was the lowest seen since September 2020, OilX said. If Russian oil production continues to fall at the current rate, average production for the month of April will be about 10 million barrels a day, OilX said.
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