No longer monopolists: Russia has no one to sell their gas, production and exports fell

In 9 months of 2022, the export of blue fuel by Russia amounted to 86. 9 billion cubic meters. m - 40. 4% less than during the same period in 2021, the Russian gas monopolist Gazprom sharply reduced the rate of gas production. Thus, in January-September 2022, production amounted to 313. 3 billion cubic meters. m. If compared to similar indicators last year, it turns out that gas production decreased by 64. 8 billion cubic meters. m (-17. 1%), the press service of the Russian company reports.

It is known that many European countries have refused to buy gas from an aggressor country or have seriously reduced purchases. Against this background, for 9 months of 2022, the export of blue fuel by Russia amounted to 86. 9 billion cubic meters. m - 40. 4% less than in the same period of 2021. But the Kremlin continues to look out of the situation and increase the sale of energy to China.

We will remind, NJSC "Naftogaz of Ukraine" initiated a new arbitration with the Russian gas monopolist "Gazprom". Naftogaz demands money from Gazprom for the service provided to organize natural gas transportation in Ukraine. The Russian company did not pay the money on time and in full, according to Naftogaz. Meanwhile, Gazprom threatened Naftogaz with sanctions for "dishonest behavior". The Russians promise that they will not fulfill the obligations to the agreements made to sanctions.