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Gazprom announced record gas production

Photo: Gazprom website

Gazprom intends to produce over 500 billion cubic meters of gas per year

The Russian company is increasing production to a maximum in 13 years, but cutting gas supplies to Europe.

Gas production of Gazprom in July rose to a maximum in 13 years, writes Interfax on Monday, 2 August.

So, for the month, gas production amounted to 38.2 billion cubic meters. m against 32 billion cubic meters. m a year earlier.

Gazprom’s July production was higher only in 2008 – 40.1 billion cubic meters. m.

In general, this year Gazprom intends to increase gas production to 500 billion cubic meters. m.

It was previously reported that Gazprom artificially restricts gas supplies to Europe, provoking its rise in price. Due to an acute shortage, European gas prices have exceeded $ 500 (about 420 euros), reaching their highest in 13 years.

Today it became known that Gazprom did not book additional capacity of Ukraine for gas transit in the fourth quarter of 2021.

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