Bovanenkovo gas field on the Yamal Peninsula. Archival photo MOSCOW, January 2 In 2021, Gazprom produced 514.8 billion cubic meters of gas — this is the best result over the past 13 years, said the head of the company Alexey Miller. “And this is plus 62.2 billion cubic meters by the indicator of 2020. The increase in Gazprom's production covered the lion's share growth in global gas consumption in 2021, «he said in the Telegram channel of Gazprom. Gas exports last year increased to 185.1 billion cubic meters — 5.8 billion more than in 2020, the head of the company continued … «The result of 2021 took the fourth line among the company's historical records. I note that the purchase of Russian pipeline gas was increased by 15 countries,» Miller added. According to him, the largest increase was provided by the largest consumers of Russian pipeline gas — Germany (+ 10.5 percent) , Turkey (+63 percent) and Italy (+20.3 percent). The volumes of transportation through the Power of Siberia gas pipeline to China also increased — Gazprom regularly supplied fuel there in excess of contractual obligations, and from January 1 it reached a new level Miller continued. He stressed that the modern offshore gas pipelines Nord Stream and Turkish Stream play a significant role in ensuring reliable supplies, and from December 29, Nord Stream 2 is fully operational. In the Russian market, the company also reached its maximum since 2013. — consumers were supplied with 257.8 billion cubic meters, an increase in comparison with 2020 amounted to 31.9 billion. Since last summer, the European gas market has experienced significant fluctuations. If at the beginning of August futures traded at the level of 515 dollars per thousand cubic meters, then two months later they jumped three times, and on December 21 they renewed their historical maximum — 2190.4 dollars per thousand cubic meters. The sharp increase was followed by the same sharp collapse — for example, on December 31, prices fell below $ 800. Experts attribute this to the low level of UGS occupancy in Europe, limited supply from the main suppliers and high demand for liquefied natural gas in Asia. In addition, the market is affected by the weather and uncertainty with the certification of the Nord Stream 2 operator. 
The expert explained how Europe will cope with the gas shortage in UGS
