Gazprom's natural gas production between January and November of this year decreased by 19.4% to 376.9 billion cubic meters compared to the same period last year, Russian energy company Gazprom said on Thursday.
Gazprom's natural gas exports to countries outside the Commonwealth of Independent States also fell by 44.5% to 95.2 billion cubic meters during the same period.
According to the Russian gas giant, gas exports to China via the Power of Siberia pipeline increased, exceeding contract requirements.
The company explained that demand had fallen partly because European countries began to consume gas from their storage facilities as of Nov. 14.
Global gas demand dropped by more than 55 billion cubic meters in the first 11 months of this year, with the EU and UK holding the majority share of the demand of 50 billion cubic meters, the statement said.
Reporting by Emre Gurkan Abay in Moscow
Writing by Fuat Kabakci
Anadolu Agency