Gazprom has increased gas production and exports

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AK&M 18 October 2021 14:18

Gazprom produced 399.4 billion m3 of gas in nine and a half months of 2021, which is 16.6% more than a year earlier. This was announced by the company.

The company increased supplies from the gas transportation system to the domestic market by 16.6%. Gazprom's exports to non-CIS countries increased by 13.1% to 152.2 billion m3. Gas supplies to Turkey increased by 125.3%, Germany - by 28.2%, Italy - by 16.3%, Romania - by 288.6%, Serbia - by 112.1%, Bulgaria - by 52.7%, Poland - by 10%, Greece - by 12.9%, Finland - by 15.3%.

According to Gas Infrastructure Europe, the gas extraction season from European underground storage facilities began on October 13 (last year – October 12). The transition to winter regimes takes place at the minimum level of stocks in storage facilities for many years. The backlog in terms of occupancy compared to last year is 18.5 billion m3. Only 71% of the volume of gas lifted from Europe's UGS last season has been replenished.

In addition, the gas extraction season from Ukrainian UGS began on October 5. At this date, the backlog in terms of reserves from last year exceeded 33% (9 billion m3 of gas).

PJSC Gazprom (TIN 7736050003) is the world's largest gas company. The authorized capital of Gazprom is 118.367 billion rubles. Issued 23673512900 ordinary shares with a par value of 5 rubles. The number of Gazprom shareholders in Russia and abroad is several hundred thousand. Over 50% of the company's shares are under the control of the Russian Federation. The depository of the ADR Gazprom program is The Bank of New York Mellon.

Gazprom's profit under IFRS for the first half of 2021 increased 22 times to 995.5 billion rubles from 45.46 billion rubles a year earlier. The profit attributable to the shareholders of PJSC Gazprom amounted to RUB 968.5 billion against RUB 32.92 billion. Profit from sales increased 5.2 times to 986.6 billion rubles from 189.98 billion rubles, revenue - 1.5 times to 4.4 trillion rubles from 2.9 trillion rubles. Net revenue from gas sales increased by 60% to 2.2 trillion rubles. Net revenue from gas sales to Europe and other countries increased by 93% to 1.46 trillion rubles. Net revenue from the sale of gas to the countries of the former Soviet Union increased by 35% to 187.7 billion rubles, from the sale of gas in the Russian Federation - by 17% to 574.16 billion rubles.