BR100 Increased By (2.94%)
BR30 Increased By (3.47%)
KSE100 Increased By (2.69%)
KSE30 Increased By (2.84%)
BECO 5.71 Increased By ▲ 0.09 (1.6%)
BML 59.67 Increased By ▲ 0.16 (0.27%)
BOP 35.73 Increased By ▲ 1.12 (3.24%)
CNERGY 8.28 Increased By ▲ 0.20 (2.48%)
DCL 12.13 Increased By ▲ 0.08 (0.66%)
FCCL 57.39 Increased By ▲ 2.99 (5.5%)
FCSC 5.52 No Change ▼ 0.00 (0%)
FFL 18.03 Decreased By ▼ -0.02 (-0.11%)
FNEL 1.35 Increased By ▲ 0.02 (1.5%)
HUMNL 11.66 Increased By ▲ 0.59 (5.33%)
KEL 8.07 Increased By ▲ 0.02 (0.25%)
KOSM 6.26 Increased By ▲ 0.38 (6.46%)
MLCF 98.13 Increased By ▲ 7.61 (8.41%)
NBP 198.33 Increased By ▲ 8.16 (4.29%)
PACE 11.77 Increased By ▲ 0.24 (2.08%)
PAEL 43.09 Increased By ▲ 2.02 (4.92%)
PIAHCLA 27.35 Increased By ▲ 1.51 (5.84%)
PIBTL 17.96 Increased By ▲ 0.45 (2.57%)
PPL 232.78 Increased By ▲ 6.94 (3.07%)
PRL 35.69 Increased By ▲ 1.06 (3.06%)
PTC 67.58 Increased By ▲ 2.96 (4.58%)
SEARL 94.28 Increased By ▲ 2.90 (3.17%)
SSGC 27.66 Increased By ▲ 0.69 (2.56%)
TELE 9.19 Increased By ▲ 0.26 (2.91%)
THCCL 70.59 Increased By ▲ 1.43 (2.07%)
TPLP 11.37 Increased By ▲ 0.47 (4.31%)
TREET 25.42 Increased By ▲ 0.78 (3.17%)
TRG 68.85 Decreased By ▼ -0.93 (-1.33%)
WAVES 11.25 Increased By ▲ 0.09 (0.81%)
WTL 1.29 Increased By ▲ 0.02 (1.57%)
World

Russia’s monthly gas output up in Oct, down in Jan-Oct

Published November 28, 2023 Updated November 28, 2023 10:28am
Photo: REUTERS
Photo: REUTERS
By

Russia’s gas output rose for the third month in row in October but overall gas production in the first 10 months of the year fell, the Kommersant daily reported on Tuesday.

Gas production in October was up 11.8% year-on-year, Kommersant reported, citing sources familiar with Energy Ministry’s data.

The increase was due to the low base effect as it compared with low gas production in the corresponding month of last year, the paper reported.

In January-October, Russia’s overall gas production amounted to 534.5 billion cubic metres (bcm), which is 4% less than a year ago.

Russian gas giant Gazprom increased production in October by 14.6%, to 38.6 bcm.

Oil on track to snap losing streak on hopes of further OPEC+ cuts

Deputy Prime Minister Alexander Novak said earlier in November that Russia’s natural gas output this year will be 30 bcm less than in 2022.

Russia, whose traditional gas exports to Europe have plummeted due to sanctions over its invasion of Ukraine, produced 673.8 bcm of gas last year.

Comments

Comments are closed for this article.