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Gazprom reported that the price of one thousand cubic meters of gas in Europe may exceed $ 4000 in winter

Russian energy company Gazprom stated that the price of natural gas in the European spot market has exceeded the threshold of 2500 dollars and said, "According to conservative estimates, if this trend continues, prices will exceed the level of 4000 dollars per thousand cubic meters in winter."

Gazprom reported that the price of one thousand cubic meters of gas in Europe may exceed $ 4000 in winter

According to the statement made by the Russian energy company Gazprom, the company's natural gas production and exports in the first 7.5 months of the year decreased compared to the same period last year.

According to preliminary data, the company's natural gas production decreased by 13.2 percent in this period to 274.8 billion cubic meters.

The company's natural gas exports to countries outside the Commonwealth of Independent States decreased by 36.2 percent in the period of 1 January-15 August compared to the same period of the previous year and became 78.5 billion cubic meters.

While pointing out that Gazprom's exports to China have increased, information on the total volume was not shared in the statement.

Commenting on the high level of natural gas prices in Europe, the statement said, "It should be noted that the price of natural gas in the European spot market has exceeded the threshold of 2500 dollars. According to conservative estimates, if this trend continues, prices will exceed the level of 4000 dollars per thousand cubic meters in winter." expressions were used.

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