Rosneft and Gazprom sell symbolic 200 thousand cubic meters on SPIMEX
Edited by Rhod Mackenzie / 2015-10-27 06:24:25
Rosneft and Gazprom sold 100 thousand cubic meters of gas each at the first bidding process on the St. Petersburg International Mercantile Exchange (SPIMEX). Kommersant writes, the average price made up 2.72 thousand roubles per 1 thousand cubic meters. It is almost identical to the price of stock trading.
Experts say that the relatively low volume of daily trading is also due to the large size of the lots. “This was done intentionally in order to master the document flow during the first bidding process,” the development director of the company “Algorithm. Fuel Integrator” A.Soldatov states