|
Alexey Miller
misreports the 2011 performance of Gazprom
CEO of Gazprom
briefed the President of
Russia on the company's performance in 2011. According to Mr.
Miller, the year "ended on a positive note". "First of all, we are
pleased that we outstripped the target volumes we had set for 2011
by approximately 7.5 billion cubic metres of gas," the head of
Gazprom reported. "Overall, Gazprom extracted and supplied to the
market over 513 billion cubic metres of gas, including over 150
billion delivered to Europe."
It is worth noting that
the reported numbers are lower than the recent forecasts of Mr.
Miller.
Forecasted and Reported
Performance of Gazprom in 2011
|
Gas
production |
bcm |
|
Gazprom's forecast of June 9, 2011 |
528.6 |
|
Miller's report to Putin, December 3, 2011 |
about 520 |
|
Miller's report to
D.Medvedev, January 11, 2012 |
over 513 |
|
Reported volume |
509.66 |
|
Exports to
Europe (incl. Turkey) |
|
|
Miller's report at the Shareholders Meeting, June 25, 2011 |
155-158 |
|
Miller's report to Putin, December 3, 2011 |
over 151 |
|
Miller's report to
D.Medvedev, January 11, 2012 |
over 150 |
|
Reported volume |
NA |
The actual 2011 export
volumes may be lower than reported by Alexey Miller.
Mikhail Korchemkin
East European Gas
Analysis
Malvern, PA, USA
January 12, 2012
|
