Moscow Times: Sanctions-Struck Gazprom Sees Gas Production Hit Record Low
Company spokesman Sergei Kupriyanov told reporters on Wednesday that the company expected to produce 444.4 billion cubic meters (bcm) of natural gas this year, an all-time low, down from 487.4 bcm last year.
In June Gazprom halted supplies to Ukraine, its second-largest market after Germany, amid a row over prices and unpaid debts and only resumed supplies this month.
More recently Gazprom has also ended the South Stream gas pipeline project aimed at avoiding Ukraine to bring in 63 bcm of Russian gas to Europe via the Black Sea.