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Russia's Gazprom cuts 2016 gas output plan to all-time low

Published Updated

imageMOSCOW: Russian gas giant Gazprom has cut its 2016 natural gas output plan to an all-time low of 409.8 billion cubic metres, the company said in a regulatory filing on Monday.

According to it forecast made in May, Gazprom had planned to extract 452.5 bcm of natural gas in 2016, up from 418.5 bcm last year.

Copyright Reuters, 2016

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