Gazprom reports 4.5% fall in Jan-Aug non-CIS gas exports

Its output over the same period rose 1.7% to 331 bcmReuters  |  September 02, 2019, 15:58 IST
A sign displaying the logo of Russia's Gazprom Neft oil company is seen at the company's office in the West Siberian city of Khanty-Mansiysk, Russia, January 28, 2016. REUTERS/Sergei Karpukhin/Files
A sign displaying the logo of Russia's Gazprom Neft oil company is seen at the company's office in the West Siberian city of Khanty-Mansiysk, Russia, January 28, 2016. REUTERS/Sergei Karpukhin/Files
MOSCOW: Russian state gas producer Gazprom on Monday reported a 4.5% fall in January-August natural gas exports outside the former Soviet Union to 127.3 billion cubic metres (bcm).

Its output over the same period rose 1.7% to 331 bcm.

The company on Thursday conceded for the first time that its gas exports to Europe, as well as its prices, will decline in 2019 following record-high volumes last year.