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Gazprom Gas Production Down 18%

NATURAL GAS

According to preliminary data, Gazprom lowered natural gas production by 18% in the first 9.5 months of the year versus a year prior to 327.4 bln cubic meters.

  • Gas export to non-CIS countries fell by 41.4% or 63 bln cubic meters annually to 89.3 bln cubic meters.
  • The demand for Gazprom’s gas from the gas transport system declined on the domestic market by 5.2% or 9.5 bln cubic meters.
  • Russia’s gas exports to China via the Power of Siberia gas pipeline continue growing with supplies regularly above daily contracted quantities.

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