Full-year Russian natural gas production could be off by about 2 percent because of what the government said was expectations of lower consumption. Russian Deputy Energy Minister Kirill Molodtsov said gas production for full-year 2015 could be lower than last year by about 2 percent , or around 423 billion cubic feet. “Unfortunately, we expect some decline in gas production again due to the volume of consumption,” he was quoted by Russian news agency Itar-TASS as saying. Russia holds the largest reserves of natural gas in the world, accounting for about a quarter of the world total of proven reserves. The gas sector is controlled almost exclusively by state-run energy company Gazprom, which faces anti-trust pressure from European economies given its control of […]