Gazprom’s Jan.-Nov. gas exports, production up

Russian gas giant Gazprom has reportedly recorded an 8.3% year-over-year increase in its January-November gas exports outside ex-Soviet countries, to a total of 175 billion cubic meters (Bcm).

Reuters said last Friday Gazprom’s production in the first 11 months of the year also grew. Volumes were 14.6% higher, at 426.4 Bcm.

Last week, Gazprom said in a statement sent to Kallanish Energy its Nord Stream gas pipeline transmitted on Nov. 30 its 200 billionth cubic meter of gas from Russia to Germany via the Greifswald delivery point.

“The Nord Stream gas pipeline is a high-profile pan-European infrastructure project, a stellar example of mutually beneficial and productive cooperation between Gazprom and its European partners,” said Gazprom CEO Alexey Miller. “Today's development is a clear rebuttal to the skeptics.”

The 55 Bcm pipeline has exported Russian gas to the European market for six years, “via the most-cost efficient, transit-free route,” he said, referring to the Baltic Sea as opposed to the Ukrainian route for instance. The gas pipeline is operating at full capacity and is a showcase for the planned Nord Stream 2 pipeline, expected to come onstream by the end of 2019.