LNG

Oct 4 (LNGJ) - Russian natural gas company Gazprom said its gas production decreased by 17.1 percent to 313.3 billion cubic metres in the first nine months of 2022 compared with the same period last year. Gas exports to the European Union and other nations outside of the states of the former Soviet Union dropped by 40.4 percent, or 58.9 Bcm, to 86.9 Bcm during the period.

   “Also notable is the level of reserves observed at Ukraine's underground gas storage, which as of October 1 contained 14 Bcm of gas out of the 19 Bcm required to be in stock by winter,” said Gazprom.