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Tuesday, July 07, 2009

Gazprom Ups Gas Output to Almost 1 Bcm

July 3, 2009 -- MOSCOW. July 3 (Interfax) - Gazprom (RTS: GAZP) produced 998.3 million cubic meters of gas on July 1, up 48 million cu m or 5% from the end of the second quarter of this year but still 23% lower than average daily production in July last year, the Fuel and Energy Central Dispatch Center said. Daily output fell below 1 billion cubic meters for the first time this year on May 10. Daily output had averaged at less than 900 mcm since the beginning of June. The lowest volume so far this year was 891.7 mcm on June 21. But the Russian gas giant recorded 952.2 mcm a day on June 25- 26, 955.2 mcm on June 27 and 950 mcm on June 30 after production had dipped to 940.6 mcm on June 30.
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