Russia's monthly gas output up in Oct, down in Jan-Oct
(Reuters) - Russia's gas output rose for the third month in row in October but overall gas production in the first 10 months of the year fell, the Kommersant daily reported on Tuesday.
Gas production in October was up 11.8% year-on-year, Kommersant reported, citing sources familiar with Energy Ministry's data. The increase was due to the low base effect as it compared with low gas production in the corresponding month of last year, the paper reported.
In January-October, Russia's overall gas production amounted to 534.5 bcm, which is 4% less than a year ago.
Russian gas giant Gazprom increased production in October by 14.6%, to 38.6 bcm.
Deputy Prime Minister Alexander Novak said earlier in November that Russia's natural gas output this year will be 30 bcm less than in 2022. Russia, whose traditional gas exports to Europe have plummeted due to sanctions over its invasion of Ukraine, produced 673.8 bcm of gas last year.
Related News
Related News
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- ExxonMobil selects Chart Industries’ IPSMR® liquefaction technology for Mozambique LNG project
Comments