Russia’s Gazprom produced 16.7 Tcf of gas in 2017 and added 30.1 Tcf to its reserves for a reserve replacement ratio of 1.8, its highest ever. The Russian gas giant said its total “explored” (A+B1+C1, according to current Russian categories) gas reserves reached 1,250 Tcf at YE17, the world’s largest. That’s a 325 Tcf increase since 2002. In a recent update, Gazprom said it has increased its gas reserves by more than its annual......
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