PJSC Gazprom Adr. (OGZPY)

[Timothy Smith]

Russia's Gazprom (OTCPK:OGZPY) says it exported 41.4B cm of gas to Europe and Turkey during Q3, up 23% Y/Y; in September, gas exports stood at 13.3B cm, up 24% Y/Y.

Germany, the largest buyer of Russian gas, increased purchases by 19% to 11.2B cm, and Italy boosted intake by 69% to 7B cm.

Gazprom also begins sending gas supplies to Azerbaijan at the pace of ~6M cm/day.