Companies & Finance

Gazprom boosts sales to Europe in 2017

Gazprom’s net sales of gas to non-FSU countries increased by 4% year on year in 2017.
By Staff reporter 27 April 2018 0 30627

Gazprom’s net sales of gas to Europe and non-FSU countries increased by 4% year on year in 2017, to RUB 2.2 trillion ($35.4 billion), the company announced on Thursday.

The increase was driven by higher sales volumes – which rose by 6%, to 242 bcm – but was partially offset by the 1% decline in the average value of the ruble.