Miller: By the end of the year, Gazprom will produce more than 412 billion cubic meters. m of gas

Miller: By the end of the year, Gazprom will produce more than 412 billion cubic meters.  m of gas

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Gazprom» will produce 412.6 billion cubic meters. m of gas in 2022, deliveries to non-CIS countries will amount to 100.9 billion cubic meters. m, and Russian consumers – 243.1 billion cubic meters. m, said the chairman of the board of the company, Alexei Miller, at the New Year’s conference call of the holding.

Gazprom» in 2022 will produce 412.6 billion cubic meters. m of gas. This gas will be quite enough for us to fulfill all our obligations to our consumers within the country and supply the necessary volumes for export. 243.1 bcm m of gas will be supplied from Gazprom’s gas transmission system to our Russian consumers. And 100.9 billion cubic meters. m of gas to non-CIS countries”, – leads his words TASS.

Miller called the end of the year “very, very difficult”, noting that the fall in global demand for gas amounted to, according to preliminary estimates, 65 billion cubic meters. m, with 55 billion cubic meters. m of them are in 27 European countries.

Earlier this month”Gazprom» approved investment program in the amount of 2.3 trillion rubles. This investment program provides funds to finance priority projects, including the further development of new gas production centers – Yamal, Yakutsk and Irkutsk, the Power of Siberia gas pipeline, Gazprom’s gas processing complex, as well as projects that ensure peak gas balance.

The Board of Directors also approved the budget (financial plan) for 2023. According to the company, the approved financial plan will ensure that Gazprom’s obligations are covered without a deficit, in full. “Decisions on raising borrowed funds under the borrowing program are planned to be made based on market conditions, liquidity and Gazprom’s need for financing,” the company said.

Famil Sadygov, Deputy Chairman of the Board of the Company, reported on September 27 that in the first half of 2022, Gazprom’s EBITDA more than doubled year-on-year to RUB 3.05 trillion. Net profit for this period increased 2.6 times to 2.51 trillion rubles.

On December 19, the EU agreed on a gas price limit of 180 euros per 1 MWh, which corresponds to $1,975 per 1,000 cubic meters. m. The ceiling will come into force on February 15, 2023. On December 22, Russian President Vladimir Putin signed a decree according to which “Gazprom”and its affiliates cannot fulfill obligations to foreign companies that are associated with countries that commit unfriendly actions against the Russian Federation.

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