Gazprom's Gas Production Up 2.3% From Jan. 1 - July 15

Russia's gas giant increased its natural gas production by 2.3% for the period between Jan. 1 and to July 15 to 276.3 billion cubic meters (bcm) compared to the same period of 2018, the company announced on Wednesday.

Gazprom said that demand for natural gas from the national gas transmission system in the domestic market was down by 1.7% or by 2.3 bcm. According to preliminary data, Gazprom's gas deliveries to Europe amounted to 102.8 bcm, down by 5.6% compared to the same period in 2018.

The company also said the Nord Stream 2 gas pipeline construction is continuing with 1,628 km of pipes laid to date, of which 66.3% has been laid in the Baltic Sea. The Nord Stream 2 project plans to have a 55 billion cubic meter capacity, which will continue from Russia to Germany across the Baltic Sea.

(Anadolu Agency)

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