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Gazprom reduced gas exports by up to 31%

Rusia, Gazprom, exportaciones, reducción

Gazprom reduced gas exports by up to 31%

Moscow, Jul 1 (Prensa Latina) The Russian gas company Gazprom reported that it reduced exports to 68,900 cubic meters in the last six months, a decline of 31% with respect to 2021.
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Through a statement disseminated on the social network Telegram, Gazprom specified that gas production decreased by 8,6% compared to the previous year, reaching 238.4 billion cubic meters.

In addition, the text refers that the world demand for gas decreased by 24 billion cubic meters.

However, Gazprom added that the transfer of gas to China through the Siberian Force pipeline in the first six months of 2022 increased by 63,4% in accordance with the long-term contract signed with the Chinese energy company CNPC.

In this regard, it argued that supplies through Siberian Force began at the end of 2019 and in 2020 stood at four and a half billion cubic meters.

In this regard, the Russian entity assured that they plan to continue increasing gas exports to China and reach by 2025 the projected annual capacity of 38 billion cubic meters.

The reduction in Russian gas exports is due to the increase in Western sanctions against the Eurasian nation, which prevent Moscow from using its international financial reserves.

pgh/arm/mgt/odf

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