Recovery in demand improves Gazprom profits

Zambia News.Net
Monday 2nd November, 2009

The Russian gas monopoly, Gazprom, has announced its October gas production rose almost 21 percent from the previous month.

The Energy Ministry has put the reason for the increase in production to a recovery in demand.

The country's October gas output rose by 15.8 percent to 1.76 bcm from 1.52 bcm in the previous month.

Gazprom's October gas output was 1.45 billion cubic metres per day, 20.8 percent up from September 2009.

Have your say on this story