Gazprom declines
Oct 18 (LNGJ) - Russian natural gas company Gazprom's latest volumes report said gas production for the first nine-and-a-half months of 2022 dropped to 327.4 billion cubic metres, a decline of 18 percent compared with the same period of 2021 as it tried to adapt to the impact of Western sanctions over the Ukraine invasion in February 2022.
The company report said pipeline gas exports to nations outside of Russia and the former Soviet Union countries, but including the former largest customer the European Union, dived by 41.4 percent, or 63 Bcm, to 89.3 Bcm. “Demand for Gazprom’s gas on the domestic pipeline gas system in Russia also declined by 5.2 percent within the first 9.5 months of this year,” added Gazprom. “Russia’s gas export to China over the ‘Power of Siberia’ gas pipeline continues growing,” added Gazprom without giving any numbers.
