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Mr. Kupriyanov denied that Gazprom faces a production shortfall.
"At about $30 a barrel, the oil market is assuming a production shortfall of around 3.5 million barrels a day," he added.
"Shell has been open about the production shortfall in Oman, most recently in the presentation to analysts on Feb. 5," Simon Buerk, a company spokesman, said in an e-mail message responding to questions.
BG Group stunned investors when it warned on 27 January that a production shortfall in Egypt, caused by the Egyptian target taking more gas for domestic use than agreed, would hit full-year earnings.
Even as the White House was declaring that an Iraqi cutoff could further raise gasoline and heating oil prices, oil prices were dropping on the futures market, at least partly because of indications that Saudi Arabia and other major producers would make up any production shortfall.
The microchipmaker lowered revenue expectations to $1 million due to a production shortfall of two new chipsets.
Similar(34)
But this has been a year of major product delays, design flaws and production shortfalls.
These effects are cumulative for rice: during strong El Nino years, wet season production shortfalls are not made up subsequently.
Recent production shortfalls, however, have forced Indonesia to buy liquefied natural gas in the secondary market to meet its obligations.
This heightened probability of weather extremes would elevate the likelihood of food shocks, as production shortfalls can reverberate through the local and international food systems.
These effects are cumulative; during strong El Nino years, production shortfalls in the wet season are not made up later in the crop year.
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