Gas prices for industrial consumers are down by 3%

The minimum and maximum wholesale gas prices of “Gazprom” are down by an average 3% since April 1. The management of the Federal Tariff Service of Russia approved the decision in late February.

Gas prices are set on a formula. In Q1, 2013 the wholesale prices are unchanged. In Q2 they plan re-calculation of wholesale prices on a base of varying information about European prices on petroleum products within the boundaries of the corridor, 3% more or less of average figures. Wholesale price adjustment is considered in Q4.

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