Gazprom pipelines and export capacity

Газопроводы Газпрома и экспортные мощности

Gas pipelines of West Siberia

Газопроводы Западной Сибири

Export flows of Gazprom

Экспортные потоки

Spot, Gazprom, Brent

Цены на нефть и газ

End-use price of gas

Russia and USA

Daily gas production

Суточная добыча


2011 Gas Production Forecast of Gazprom


Alexey Miller overestimates the 2011 gas production volume

At a recent meeting with Prime Minister Vladimir Putin, Gazprom CEO Alexey Miller estimated the 2011 gas production volume of Gazprom at 520 bcm. "Gazprom will have produced about 520 billion cubic metres of gas by the end of the year. Last year we produced around 508 billion", Mr. Miller said.

Mr. Miller's estimation contradicts the production volume for January-November 2011 and the peak production capacity of Gazprom.

Gazprom Gas Production in 2011, bcm

 

Volume

Gas production in January-November 2011

461.43

 

 

Peak-load daily production capacity of Gazprom

1.63

Maximum December production volume (1.63 x 31)

50.53

Maximum annual production volume:

511.96

Reported average daily production on December 1-5

1.53

Anticipated production volume for 2011

509.00

A simple math exercise shows that in case of a record cold December, the 2011 production of Gazprom can reach 512 bcm. Under the average conditions, the production level will be close to that of the previous year.

Mikhail Korchemkin

East European Gas Analysis

Malvern, PA, USA

December 6, 2011

 

 


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