MOSCOW, September 24. /TASS/. The Russian Economic Development Ministry expects oil product exports to decline by 21.7% this year compared with 2025 to 98.5 mln metric tons, according to the baseline assumptions for Russia’s socioeconomic development in 2027 and the 2028-2029 planning period, which were reviewed by the government and published on the ministry’s website.

In 2025, Russia’s oil product exports actually totaled 125.8 mln metric tons, according to the Economic Development Ministry’s materials. Under the baseline scenario, oil product exports are projected at 98.5 mln metric tons in 2026, rising to 113.1 mln metric tons in 2027 and 134 mln metric tons in 2028 before edging down to 130 mln metric tons in 2029.

In its spring forecast, the Economic Development Ministry expected oil product exports to total 122.6 mln metric tons in 2026, 134 mln metric tons in both 2027 and 2028, and decline to 130 mln metric tons by 2029.

Under the Russian Economic Development Ministry’s updated conservative scenario, oil product exports could total 98.5 mln metric tons in 2026, 103.4 mln metric tons in 2027, 129.2 mln metric tons in 2028, and 130 mln metric tons in 2029.