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Gazprom’s Non-CIS Gas Exports Fell 44.5% YoY

NATURAL GAS

Gazprom’s natural gas exports to non-CIS countries have fallen by 44.5% on the year in Jan-Nov, Gazprom said.

  • Gas exports to non-CIS countries totaled 95.2bcm, down by 44.5% compared with the same period in 2021.
  • In Jan-Nov Gazprom produced 376.9bcm of gas, down by 19.4% from the same period last year.
  • Global gas demand is estimated to have fallen by 55bcm in the first eleven months of this year, amid a decrease in the EU’s gas consumption. The EU amounted to around 50bcm of the total decline.

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