CEO says Russia's Gazprom maintains good liquidity level - All News - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

CEO says Russia's Gazprom maintains good liquidity level

MOSCOW, Sep 16 (PRIME) -- Russian gas giant Gazprom has kept a good liquidity level, and the situation is becoming normal, CEO Alexei Miller said at a meeting with President Vladimir Putin on Wednesday.

"The current production figures of Gazprom fully correspond with market demand and the macroeconomic situation as a whole. Gazprom keeps strong liquidity figures, a great degree of certainty and security in the operations. The situation is and was normalizing for the last few months," Miller said.

Miller said that Gazprom will fulfill all client demands during the forthcoming winter season. The company spent 56 billion rubles on its program of gas supplies in 2020, which is 60% more than in 2019.

Putin said he would order to consider making Gazprom the united operator of regional houses' connection to gas supplies.

Miller said that the company can finish 2020 ranking among the top-5 gas exporters historically. Exports to non-CIS states amounted to 16.3 billion cubic meters in August, rising 5% on the month.

The first results of a technical feasibility study of gas exports to China across Mongolia will be ready in JanuaryЦMarch, Miller said. "A memorandum of intent was signed during a conference call with the prime minister of Mongolia concerning the establishment of a special-purpose vehicle that will develop the technical feasibility study and choose the layout of the pipeline. We will be able to discuss the results of the work in the first quarter of 2021," Miller said.

(75.1884 Ц U.S. $1)

End

16.09.2020 14:38
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 93.0237 +1.5447 30 sep
USD 79.6845 +1.0132 30 sep
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1187.18 -0.72 17:04 24 sep
micex 2910.99 -0.19 17:04 24 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 177.00 -1.12 23:49 24 sep
lkoh 4456.00 -1.61 23:49 24 sep
rosn 370.75 -1.08 23:49 24 sep
sber 228.50 -0.60 23:49 24 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 89.7700 +0.5500 14:59 24 sep
USDTD 76.8125 +0.6125 17:44 24 sep