Russian gas production slowing – media ...News

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Russian gas production slowing – media
Energy major Gazprom reported lower output amid falling EU consumption Natural gas production in Russia declined by 11.6% in November compared to the same period last year and totaled 612.9 billion cubic meters (bcm), Vedomosti newspaper reported on Sunday, citing sources in the Energy Ministry. The decline announced earlier by state-owned energy giant Gazprom has had a negative impact on the overall dynamics of output. The company saw gas extraction plunging by 19.4% in eleven months year-on-year to 376.9 bcm, Gazprom reported on December 1. The company attributed the decline to dwindling consumption in the EU. P

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