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Mass media / Periodicals

Gazprom expects decline in gas exports in 2020

"Oil of Russia" 29.04.2020 at 16:09

Gazprom expects gas exports to far abroad by 2020 166.6 billion cubic meters, said in a conference call, the company head of financial Department of "Gazprom" Alexander Ivannikov.

He explained that the average price for gas is projected at $133 per thousand cubic meters.

"Today we are in the following scenario assumptions, which consider the current year's budget: volumetric rate of exports is at the level of 166.6 billion cubic meters, the annual average price – $133 per thousand cubic meters", – said Ivannikov.

He explained that these figures are adjusted as the situation changes on the market.

As previously reported, in 2019, "Gazprom" has reduced gas exports to non-CIS countries by 1.3% compared with the previous year – to 199,3 billion cubic meters.

Source: RNS