Tag Archives: Gazprom

Gazprom Mulls Investment Cut as Exports Drop

Russian state-owned energy giant Gazprom has said it planned to cut investment spending by a fifth next year amid dwindling gas flows to Europe and a heavy tax burden. Since Russia launched its assault on Ukraine in February 2022, European countries have sharply cut gas imports from Russia in a …

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Gazprom to Produce Oil and Gas in Kyrgyzstan

«A project has been approved, according to which Gazprom PJSC will produce oil and gas in the country, provide our population with gas and process oil at our refineries,» the Minister of Energy of Kyrgyzstan Taalaibek Ibraev said at the XII St. Petersburg International Gas Forum. According to him, the …

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Russia to Boost Natural Gas Supply to Hungary and China

Russia’s Gazprom will supply more gas to Hungary and China during the winter, CEO Alexei Miller told Russian media, as cited by Reuters. The update comes on the heels of another report that said Gazprom was working on expanding its gas export infrastructure to China. The Hungary and China updates …

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Gazprom Reports Gas Production Drop of 25%

The state-owned Russian energy company Gazprom has released figures showing that its gas production fell by 25%, Russian news agency Interfax reported on Sept. 28. The reporting period compares the first half of 2023 with the first half of 2022. Gazprom blamed the fall on “the adoption in a number …

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