Gazprom hints at gas production capacity crunch

Russian giant falls victim to low investment into domestic greenfield gas projects after spending dozens of billions of dollars on export pipelines

Reality check: Alexei Miller, executive board chairman of Gazprom, announced its annual spare production capacity was about 100 billion cubic metres of gas in January
Reality check: Alexei Miller, executive board chairman of Gazprom, announced its annual spare production capacity was about 100 billion cubic metres of gas in JanuaryPhoto: AFP/SCANPIX
Published 2 August 2021, 07:47Updated 3 August 2021, 09:18