Gazprom reports drop in production

Against the backdrop of reduced supply volumes to Europe, Russian energy giant Gazprom increased gas exports to China by nearly 61 percent in the first seven months of 2022 – but still had to cut its production. “Gazprom has produced 262.4 billion cubic meters of gas, which is 12 percent (35.8 billion cubic meters) less than in the previous year, according to preliminary data,” the company announced on its Telegram channel on Monday.

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