Russia’s Gazprom ramps up production as gas exports surge ...News

Economy by : (Russia Today) -
Russian state-run energy giant Gazprom has increased output of natural gas by nearly 18% in the first eight months of the current year, compared to the same period a year ago. The gas producer said its output totaled 337.2 billion cubic meters, marking a year-on-year growth of 17.9%, according to the company’s report, released earlier this week. At the same time, natural gas exports outside the former Soviet Union saw an increase of 19.4% to 131.3 billion cubic meters. Supplies of natural gas to Turkey reportedly surged 173.6% from January to August, while shipments of the fuel to Germany and Italy soared by 39.3% and 15% respectively.

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