Gazprom to sell a lot, but cheaply
Edited by Rhod Mackenzie / 2015-08-11 07:27:00
Gazprom increased its forecast for gas exports to the non-CIS countries by results of 2015 to 160 billion cubic meters: this summer, European consumers sharply increased their purchases of gas. At the same time, the price of Russian gas may be lower because of the falling oil price - only $235-242 per 1 thousand cubic meters, that is, the dollar export earnings of Gazprom may be reduced by more than 27%. But the monopoly’s ruble rates currently look good due to the devaluation of the national currency.
