"Gazprom" allows a price cut for the European consumers.

By the end of 2014 "Gazprom" plans to export 157 billion cubic meters of gas to the non-CIS countries. The company did not exclude the possible deterioration of the situation, which may lead to a slight reduction in the supply. In 2013 "Gazprom" exported about 217.6 billion cubic meters of gas, including 161.5 billion cubic meters – into Europe.

"Assessing the results of 2014 we assume (in the baseline) the previously declared volume of 157 billion cubic meters, and at least positive scenario the decrease in volumes is possible, rather marginal, but I stress - imperceivable", - Michail Malgin, the Deputy Head of "Gazprom export", stated during a conference on the IFRS report in Q1 2014, [quoted by RIA Novosti].

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer