Gazprom’s natural gas exports this year have fallen by close to 50 percent to 100.9 billion cubic meters outside the former Soviet Union.
- Dec 30, 2022, 6:00 PM CSTJoin Our Community
In his end-of-the-year address, meanwhile, Miller noted that global gas demand had dropped by 65 billion cubic meters this year, with 55 billion cubic meters coming from Europe. He added that in the future, however, global gas demand is set to grow and Gazprom is preparing for this growth. Earlier this week, Russian Natural Resources and Environment Minister Alexander Kozlov said in a TV interview that the government planned to step up oil and gas exploration—especially gas exploration—in eastern Siberia with a view to ramping up exports to Asian partners.There is also another reason why eastern Siberia oil and gas fields are becoming a priority: currently, most of Russia’s oil and gas are coming from western Siberia, which is not immune from natural depletion.
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