Demand for Gazprom’s gas declined across the board in July, sending production down by 15% year on year to 27.21 billion cubic metres, according to Interfax calculations based on operational data from the Central Dispatching Department of the Fuel and Energy Complex.
Daily production slumped to a record low of 825.7 million cubic metres (MMcm) on 29 July, the last day for which data is available – 253 MMcm less than on the same day last year.
The company is facing reduced demand because of full underground...
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