From Reuters:

Russian gas producer Gazprom will raise production this year but has slowed construction of its Power of Siberia pipeline set to serve China from 2018, Deputy Chairman Vitaly Markelov said on Thursday.

Gazprom plans to produce 452.5 billion cubic metres (bcm) of natural gas in 2016, up from 418.5 bcm last year, Markelov said.

It plans to increase gas condensate output to 15.8 million from 15.3 million tonnes in 2015.

Continue reading here.

Legal Notice