For the eighteenth year in a row, Gazprom has ensured an increase in gas reserves above production, newly added reserves amounted to 529.2 billion cubic meters of gas in 2022, the company said
MOSCOW (Pakistan Point News / Sputnik - 21st March, 2023) For the eighteenth year in a row, Gazprom has ensured an increase in gas reserves above production, newly added reserves amounted to 529.2 billion cubic meters of gas in 2022, the company said.
"Gazprom added 529.2 billion cubic meters of gas reserves in 2022 through geological exploration. For the eighteenth year in a row, the growth exceeds production volumes," the company said on Telegram.
The gas giant produced 412.6 billion cubic meters of gas last year, almost 20% less than 514.8 billion cubic meters in 2021.