Gazprom supplied 16.3 bcm of gas to non-CIS countries in 2020

AK&M 17 September 2020 17:44

Gazprom supplied 16.3 bcm of gas to non-CIS countries in 2020, according to a statement by Alexey Miller, Chairman of the Management Committee of PJSC Gazprom, at the recent meeting with Russian President Vladimir Putin, the transcript of which is published on the Kremlin website.

"In August, Gazprom supplied 5 percent more gas to Russian consumers than in July, and exported 12 percent more. If we compare gas supplies to non-CIS countries in August 2020 with August 2019, the volume of gas supplies exceeded 16.3 billion cubic metres, which is a significant amount. It is safe to assume that Gazprom's gas supplies to non-CIS countries in 2020 will be part of the top five all-time supply volumes," Gazprom CEO said.

PJSC Gazprom (tax number: 7736050003) is the world's biggest gas company. Its authorized capital is RUB 118.367 billion and consists of 23,673,512,900 common shares with a face value of 5 rubles. The company has several hundred thousand shareholders in Russia and abroad. The Russian Federation owns more than 50% of Gazprom's shares. The Bank of New York Mellon is the depositary of Gazprom's ADR program.

IFRS profit of PJSC Gazprom for the first half of 2020 dropped by almost 95% to RUB 45.46 billion from RUB 878.644 billion a year earlier. Revenue from sales decreased by almost 29% to RUB 2.903 trillion from RUB 4.077 trillion, profit from sales by 75% to RUB 189.985 billion from RUB 780.878 billion. Loss before tax was RUB 16.806 billion against a profit of RUB 1.125 trillion.