MOSCOW, May 22 (RIA Novosti) - Energy giant Gazprom [RTS: GAZP] raised natural gas exports to Europe by 5.4 billion cubic meters year-on-year to 161.5 billion in 2006, the state-controlled monopoly said Tuesday.
Supplies to former Soviet republics, including the Baltic states, rose by 24.4 billion cubic meters on the previous year to 101 billion, the company said in a news release.
On the domestic market, the energy giant sold 316 billion cubic meters of gas, or by 9.3 billion more than in 2005.
Gazprom's gas output expanded by 1 billion cubic meters year-on-year in 2006 to 556 billion cubic meters, the company said.
Gas condensate production totaled 11.4 million metric tons in 2006 against 11.5 million metric tons in 2005, while oil output stood at 34 million metric tons (250 million barrels) against 9.5 million metric tons (70 million barrels) in 2005, the statement said.
Gazprom said it augmented its proven gas reserves (Categories A+B+C1 under Russia classification) by 719.9 billion cubic meters in 2006 to 29.85 trillion cubic meters.
