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

Published November 14, 2016 Updated November 14, 2016 02:50pm

1 min

By Shoaib Ur Rehman

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MOSCOW: 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.

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