Gazprom 2021 gas production to hit 515 bcm for the first time in 13 years
Gazprom plans in 2021 to boost gas production year-on-year by 13.7 % to 515 billion cubic metres, Alexey Miller, Chairman of Gazprom’s Management Committee, told a conference call.

       “Global gas consumption grew by 150 billion cubic metres this year. Gazprom satisfied over a third

of this additional demand by producing additional amounts of gas,” Miller said.

    “By the end of this year, we will have produced 62.2 billion cubic metres more gas than last year, reaching 515 billion cubic metres in annual output. This is the best figure in the last 13 years.”

    The amount of gas supplied to the domestic market, he said, will have grown by 29.7 billion cubic metres in 2021 compared to last year.

    And the amount of gas shipped to underground gas storage facilities also rose.

    “We injected 72.6 billion cubic metres of gas into underground gas storage facilities by the start of the withdrawal period this year and set a new record for their potential daily deliverability prior to withdrawal at 847.9 million cubic metres,” Miller said.

    In addition, the company set another record in developing its oil business – increasing output of liquid hydrocarbons to 100 million tonnes oil equivalent.     “I would like to highlight another record which is absolutely brilliant. By the end of 2021, Gazprom Neft will have produced more than 100 million tonnes of oil equivalent for the first time in history,” he told participants. “This is the strategic target that we set for the company, and it has now been attained.”


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