Gazprom exports to Europe up by 8.1% in 2017

Russia's gas giant Gazprom boosted production by 12.4% to 471 billion cubic meters (bcm) and exports to Europe by 8.1% to 193.6 bcm in 2017, the company's CEO Alexei Miller told reporters on Wednesday, as reported by the TASS news agency.

"In 2017, according to operative data, Gazprom produced 471 bcm of gas, up 12.4% as compared to 2016. It is the best growth in production in the company's history. In absolute figures, the production increased by 51.9 bcm," Miller said.

Miller added that "2017 was the year of Gazprom's new records of exports."

"We set a new record of exports per year. According to operative data, in 2017 the company exported 193.9 bcm of gas to non-CIS countries, which is 14.6 bcm (by 8.1%) above the previous maximum reached in 2016 (179.3 bcm)," he said.

source: commonspace.eu with TASS news agency

photo: Alexei Miller, CEO of Gazprom

 

 

Related articles

Editor's choice
News
Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell underlined that the European Union will make every effort to support the peace process and to remain a committed partner to the Afghan people. "Of course, we will have to take into account the evolving situation, but disengagement is not an option.  We are clear on that: there is no alternative to a negotiated political settlement, through inclusive peace talks.
Editor's choice
News
Stumbling blocks for Armenia and Azerbaijan on the Road to SCO Membership

Stumbling blocks for Armenia and Azerbaijan on the Road to SCO Membership

The Shanghai Cooperation Organisation (SCO) Summit, held on August 31–September 1, 2025, in Tianjin, China, brought together leaders of the 10 member states, as well as representatives from over 20 countries and 10 international organisations. The summit resulted in the adoption of the Tianjin Declaration and the SCO Development Strategy until 2035, outlining key directions for cooperation and security. Armenia officially announced its intention to join the SCO on July 3, 2025, emphasising its commitment to the organisation’s core principles, territorial integrity, non-use of force, and inviolability of borders. Azerbaijan submitted its application later, in August. Currently, the process of admitting Armenia and Azerbaijan to the SCO is in the preliminary co-ordination stage, involving the attainment of partner status with the prospect of transitioning to full membership in the future.

Popular

Editor's choice
News
Stumbling blocks for Armenia and Azerbaijan on the Road to SCO Membership

Stumbling blocks for Armenia and Azerbaijan on the Road to SCO Membership

The Shanghai Cooperation Organisation (SCO) Summit, held on August 31–September 1, 2025, in Tianjin, China, brought together leaders of the 10 member states, as well as representatives from over 20 countries and 10 international organisations. The summit resulted in the adoption of the Tianjin Declaration and the SCO Development Strategy until 2035, outlining key directions for cooperation and security. Armenia officially announced its intention to join the SCO on July 3, 2025, emphasising its commitment to the organisation’s core principles, territorial integrity, non-use of force, and inviolability of borders. Azerbaijan submitted its application later, in August. Currently, the process of admitting Armenia and Azerbaijan to the SCO is in the preliminary co-ordination stage, involving the attainment of partner status with the prospect of transitioning to full membership in the future.