Gazprom increases gas production in the first four months of 2018

Russian gas company Gazprom increased its production by 9.1% to 177.3 billion cubic meters of natural gas for period between January - April 2018.

European gas delivery increased by 6.3% to 70.3 billion m3, the company stated.

Gas exports to Germany had significant increase - by 12.4%, the deliveries to Austria and The Netherlands were almost doubled, the exports to Greece grew by 45.2%, to France by 8.2% and to Denmark by 5.1, reports Russian News Agency TASS citing the Gazprom report.

In April only, Gazprom exported 15.9 billion cubic meters of natural gas, which is a historical record amount for the month of April for the company.

Last year, Gazprom increased its gas exports to Europe by 8.2% to 194.4 billion cubic meters of gas.

There will be a high demand for Russian gas in Europe this summer due to the low reserves in underground gas storage facilities in European countries, says the company's CEO Alexey Miller.

Gazprom Moscow

Gazprom

Alexey Miller

natural gas production

Russian gas export

gas export to Europe

Russian gas