Gazprom has reduced gas production by 19.4 in 11 months%

AK&M 01 December 2022 16:23

Gazprom produced 376.9 billion cubic meters of gas in January-November 2022. This is 19.4% less than a year earlier. The demand for the company's gas from the gas transmission system in the domestic market decreased by 5.7% during this period. This is stated in the company's message.

At the same time, on November 28, Gazprom's gas transportation system delivered a record volume of gas to Russian consumers for that day, and on November 29, the absolute historical daily maximum for November was reached – 1486.7 million cubic meters, Gazprom emphasizes.

PJSC Gazprom (TIN 7736050003) is the world's largest gas company. Gazprom's authorized capital 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. The Russian Federation controls over 50% of the company's shares. The depository of the ADR Gazprom program is The Bank of New York Mellon.

Gazprom's profit under IFRS for 2021 amounted to 2.16 trillion rubles. compared with 162.4 billion rubles a year earlier. EBITDA increased by 151% to RUB 3.68 trillion. Net revenue from gas sales increased by 85% to RUB 5.65 trillion from RUB 3.05 trillion. Net revenue from the sale of oil and gas processing products increased by 44% to 2.59 trillion rubles. Net revenue from the sale of crude oil and gas condensate increased by 81% to 882.15 billion rubles.