Europe & Russia Trade
July 2018
Gazprom’s gas production is expected to rise on an annual basis this year while the company works to maintain flows to Europe.
Gazprom’s output is expected to rise by 5% year on year over the first 10 months of the year, to 403 bcm. Although the Russian company’s production looks likely to decline slightly in Q3 2018, falling to 106.5 bcm compared with 107 bcm in Q3 2017, the strong gains seen in H1 will support growth for the year as a whole. The company’s production...