"We are performing in accordance with contracts signed," Gazprom deputy CEO Alexander Medvedev said on a conference call with reporters. Independent producers and oil companies should recognize that demand is being affected by slower economic growth, he said.
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Gas Output Down Due To Gazprom-imposed curbs
TNK-BP said natural gas production is below expectations because of Gazprom-imposed curbs
"Gas production is below plan because of the off-take by Gazprom," Tim Summers, TNK-BP's chief operating officer, said Tuesday.
He declined to specify volumes sold and why Gazprom is taking less gas. "Our oil production is on plan, in fact, it's very slightly ahead of our plan."
Ukraine's extended delays in purchasing gas from Gazprom may force the Russian company to reduce extraction because it is committed to buying the fuel from Turkmenistan, Dmitry Loukashov, an analyst at UBS, wrote in an e-mailed report Tuesday.
"We are performing in accordance with contracts signed," Gazprom deputy CEO Alexander Medvedev said on a conference call with reporters. Independent producers and oil companies should recognize that demand is being affected by slower economic growth, he said.
"We are performing in accordance with contracts signed," Gazprom deputy CEO Alexander Medvedev said on a conference call with reporters. Independent producers and oil companies should recognize that demand is being affected by slower economic growth, he said.
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