Russia's Gazprom plans record domestic winter gas storage capacity
5/18/2023
(Reuters) - Russian energy giant Gazprom plans to boost natural gas reserves in domestic storage to a record-high next winter, it said on Thursday, as its output and exports fall.
It said operational reserves of gas in domestic underground storage facilities are expected to reach 72.842 billion cubic meters, with the daily maximum capacity seen at 858.8 million cubic meters.
Russia's pipeline gas exports declined by 11.4% in the first half of May from April's average level, Reuters calculations show, against a background of low spot prices.
Related News
Related News
Sign up to Receive Our Newsletter
- bp ships first cargo from Indonesia’s expanded Tangguh LNG facility
- Saudi Aramco looking at additional investments in LNG
- MAIRE awarded $8.7-B contract by ADNOC for the onshore portion of the HAIL and GHASHA development project in Abu Dhabi
- bp’s Archaea Energy achieves major milestone, brings online first of its kind RNG plant
- Venture Global seeks to commence some service at Louisiana Calcasieu LNG plant (U.S.)
Comments