Gazprom’s exports to non-CIS countries decreased by almost 40%
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Gazprom reported on the production and export of gas for eight months. From January 1 to September 15, the company produced 300.8 billion cubic meters. m of gas. This is 15.9% less than last year. Exports to non-CIS countries amounted to 84.8 billion cubic meters. m. This is 38.8% less than the same period last year. In the domestic market, demand decreased by 3.3% (by 5.4 billion cubic meters).
The company said that gas exports to China via the Power of Siberia gas pipeline had increased, but did not provide exact numbers. The company added that deliveries in September are in excess of daily contract quantities.
Also, according to Gas Infrastructure Europe, gas reserves in European underground gas storage facilities have been replenished by 58.4 billion cubic meters. m. Gazprom noted that companies need to pump 14 billion cubic meters. m to reach the occupancy level at the start of the 2019/2020 selection season. “At the same time, even close to the maximum reserves in UGS facilities in large European countries do not guarantee a reliable passage of the upcoming autumn-winter period,” the press service added.
Previously at Gazprom reportedthat the EU countries reduced the supply of Russian gas to the domestic market by 48%, taking into account the UK – by 49%. On August 30, the Board of Directors of Gazprom recommended paying the first-ever interim dividends for the first half of the year in the amount of 1.2 trillion rubles. The company reported that in the first half of the year Gazprom received a large net profit, as in the whole of 2021 (2.09 trillion rubles). This happened against the backdrop of rising energy prices around the world due to Gazprom’s restrictions on fuel supplies.
Why energy prices have risen – in the material “Kommersant” “Gas Factor”.
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