Gazprom’s Gas Output Decline Bottoming Out, Industry Data Show
- Gazprom began to curb its output in 2022 as flows to EU cut
- Russian total output reached 42.8 billion cubic meters in July
A Gazprom petrol station in Moscow.
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The drop in Gazprom PJSC’s natural gas production showed signs of bottoming out in July, with industry data indicating the smallest annual decline so far this year.
Gazprom, which has a monopoly on Russian pipeline exports, stopped releasing regular operational figures this year. However, its production is included in industry data for much smaller, independent producers, where Gazprom dominates production totals.