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"Gazprom" in January-July have increased gas production to its highest level since 2011

"Oil of Russia" 02.08.2019 at 10:07

"Gazprom" in January-July, gas production increased by 1.9% compared to the same period last year, to 294,5 billion cubic meters, which was the highest figure of production for these months in 2011, said in a statement.

"For seven months in 2019, "Gazprom" according to preliminary data, extracted 294,5 billion cubic meters of gas. This is the maximum rate of extraction for January-July over the past eight years (since 2011) and 1.9% (5.6 billion cubic meters) more than in the same period 2018", – stated in the message.

the demand for gas, the company from the GTS on the domestic market during this period decreased by 1.4% (2 billion cubic meters). In July, shipments rose by 8.2% (0.8 billion cubic meters).

"Gazprom" by the end of 2018, gas production increased by 5.6%, to 497,6 billion cubic meters. At the end of June the Deputy Chairman of the management Board Vitaly Markelov reported that Gazprom expects exceeding the plan for the extraction of 495 billion cubic meters by the end of 2019.

the Export of "Gazprom" in foreign countries, according to preliminary data, in January-July decreased by 4.8% compared to the same period last year – up to 111,5 billion cubic meters of gas.

"For seven months in 2019, "Gazprom" according to preliminary data, has put in the far abroad countries 111,5 billion cubic meters of gas – 4.8% less than in January – July, a record 2018", – stated in the message "Gazprom".

it is also Noted that in a number of countries the exports increased. "In particular, in Hungary the supply increased by 58,4%, in Austria – 30.6%, in the Czech Republic – 41.5%, in Slovakia – by 28.1%, in the Netherlands 10%, France – by 3.5%," according to the company.

In 2018, "Gazprom" has increased gas export to far abroad by 3.8% to a record 201.9 million billion cubic meters. The head of the company Alexey Miller at the end of June said that in 2019 this figure is expected to be within 198,6-201,1 billion cubic meters.

Source: PRIME