Gazprom's Year-on-Year Gas Output Growth Up by 19% in 2017

Russia's Gazprom energy company has seen a 19% increase in gas output since the beginning of the year in comparison to the same period of the past year, the company said Monday.

MOSCOW (Sputnik) — Gazprom has increased gas production since the start of the year by 18.8 percent to 248.8 billion cubic meters.

"From January 1 to July 15, 2017, the Gazprom group produced 248.8 billion cubic meters of gas, 39.3 billion cubic meters or 18.8 percent more than the same period last year," Gazprom said.

Exports to non-CIS countries have grown by 12.3 percent to 102.9 bcm, according to Gazprom.

Earlier in June, Chairman of the Gazprom Management Committee Alexey Miller said the company will produce 450 billion cubic meters of natural gas this year in 2017.