Gazprom Continuing Extensive Geological Exploration Activities For Reliable Long-Term Power Supplies To Consumers
– The reserve replacement ratio exceeding 1 for 19 consecutive years. – The biggest growth of reserves came from the Yamal gas production center. The Gazprom Board of Directors took note of the information about the ongoing work on resource base support, geological surveys of subsoil and geological exploration operations performed by the Company. It was highlighted that Gazprom conducts large-scale …
The Increase In Gazprom Reserves Exceeded Production For The Nineteenth Year In A Row
The increase in Gazprom’s reserves in 2023 again exceeded production volumes; the reserve replacement rate has been above one for the 19th year in a row, the company notes. Exact figures on the increase in reserves, as well as on production indicators, are not given in the message. The largest …