Russia forecasts its average export gas price will more than double this year to $730 per 1,000 cubic meters before gradually falling until the end of 2025, as pipeline gas exports decrease, an economy ministry forecast seen by Reuters showed.
Russia’s economy ministry forecasts that pipeline gas exports by Gazprom will fall to 170.4 billion cubic meters this year, compared to its forecast published in May of 185 bcm and versus 205.6 bcm exported – in 2021. As a result of already tight supplies, Gazprom’s average gas price was forecast to be $730 per 1,000 cubic meters in 2022, more than double the $304.6 per 1,000 cm charged last year, and representing a 40% increase compared to the previous forecast of $523.3 per 1,000 cm.
Huh..wonder how they know that ?
globebusiness Also, the Russian government lies about everything, so…
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