Russian energy company Gazprom reported that natural gas exports decreased by 42.6% in the January-October period compared to the same period of the previous year, while production decreased by 18.6%.
According to the statement made by Gazprom, the natural gas production of the company in the 10 months of the year decreased by 18.6% compared to the same period of the previous year, to 344 billion cubic meters.
In the said period, the company’s natural gas exports to countries outside the Commonwealth of Independent States (CIS) decreased by 42.6% compared to the same period of the previous year and became 91.2 billion cubic meters.
In the statement, it was stated that gas shipments to China via the Power of Siberia pipeline continued to increase, and it was noted that the shipments were carried out above the contractual obligations.
In the statement, it was stated that the highest level of occupancy rate in underground natural gas storage facilities in Europe does not guarantee a reliable passing of the winter period.
It was stated in the statement that the global natural gas demand fell by more than 40 billion cubic meters in 10 months of the year, and that the European Union and England had a 95% share in the global demand decline with 40 billion cubic meters.
Source: Trthaber / Translated by Irem Yildiz