Gazprom to offer gas at $200/thousand cubic m to Europe
Edited by Rhod Mackenzie / 2015-10-26 11:04:58
Gazprom will offer gas at about $200/thousand cubic m to Europe – the lowest price for 11 years, Bloomberg reports referring to 2 sources familiar with the company’s project of the budget. It will be the minimum price for the region including Turkey and Europe without the Baltic states for 11 years.
In 2015 the average price for this region is $238.
According to one of the sources, gas export to Europe in 2016 is expected to stay at the stable level of about 160 bln cubic m. The company’s revenue in roubles will fall but will stay at the average level of the past years.
