Bloomberg: Russian gas exports are at their lowest level in more than 20 years

Bloomberg reported that Russian gas exports to countries outside the former Soviet Union hit their lowest level in more than 20 years.

The agency reported data from the Russian company Gazprom, announced by its director Alexei Miller on Wednesday, which indicate that the volume of exports to non-CIS countries this year will reach 100.9 billion cubic meters of gas.

The agency indicates that this represents a decrease of 46% compared to last year and is considered the lowest export volume since the beginning of this century.

Gas production this year will reach 412.6 billion cubic meters, the lowest since 2008 and a 20% decrease from last year.

Alexey Miller confirmed that production volumes are “sufficient to fulfill all of Gazprom’s obligations to consumers within the country and export the necessary volumes abroad.”

Miller pointed out that on December 28, Gazprom would set a record for the daily supply of gas to China via the Power of Siberia pipeline.

Source: Bloomberg.

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