"Gazprom": gas exports to Europe to grow.
Edited by Rhod Mackenzie / 2015-02-03 06:03:36
"Gazprom" expects growth in gas exports into Europe by 5-8% to 160 billion cubic meters in 2015-2017. The price of gas supplied there is being reduced. Over the past year it was less than 11.4 percent and averaged 341 dollars per thousand cubic meters, Alexander Medvedev, the Deputy Chairman of the Board of "Gazprom", stated at the investor’s day in Hong Kong.
"Given the continued gradual reduction of gas production in Europe we can expect that in the medium term the exports of "Gazprom" to European countries will be restored and will be about 155-160 billion cubic meters per year", - he stated.
