"Gazprom" ends up with a plus in exports.
Edited by Rhod Mackenzie / 2015-10-02 06:57:34
"Gazprom" ends up with a plus in export due to the low base of last year
Within the first nine months exports of "Gazprom" in the CIS countries for the first time exceeded last year's figures by about 1% since the beginning of the year. Growth was provided by figures in September, when European consumers of the monopoly actively pumped gas, while in 2014 "Gazprom", in contrast, began to artificially restrain supply since autumn. As a result, the company has established a low base, which now leads to the fact that supplies to Europe in Q4 will show a marked increase. The decrease of production in Norway will contribute to this, according to experts.
