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Gazprom predicted the average export gas price in 2020
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Gazprom predicted the average export gas price in 2020 

“Gazprom” forecasted the average export price for gas for the current year. The forecast was announced during an online discussion organized by Aton Investment Company by Sergey Komlev, Head of Contract Structuring and Pricing Department, Gazprom Export.

 Gazprom Gaz

“We confirm our forecast that the average price in 2020 will be 120 130 per thousand cubic meters. Somewhere the price will probably be closer to $ 130, ”- he said . At the same time, according to Komlev, the company maintains plans to export gas at the end of the year at the level of at least 170 billion cubic meters of gas.

At the same time, Gazprom expects Turkey to increase purchases of Russian gas by the end of 2020. “The demand for natural gas in Turkey was determined by factors such as the price level, as well as the state of the country's economy. The price of the oil index was quite high in the first half of the year, now it has decreased, “Komlev noted.

Gazprom hopes to increase purchases of gas by Turkey

“This is likely to lead to the fact that the volume of purchases of Russian natural gas in Turkey. But this is unlikely to be able to compensate for the decline that was in the first half of the year, “the head of the department believes.

In the first half of 2020, the holding reduced gas exports to Europe by 18%, to 78.9 billion cubic meters against 96.4 billion cubic meters a year earlier. Moreover, supplies to Turkey fell 1.7 times – to 4.7 billion cubic meters.

Earlier, during a conference call with investors, the head of the Gazprom Export department, Andrey Zotov, said that Gazprom “with cautious optimism” expects that the volume of gas exports to Europe in 2020 will be at the level of 170 billion cubic meters

At the same time, the company predicted the price of gas exports to Europe in 2020 at 100-160 per thousand cubic meters. : ///

Record Gazprom predicted the average export gas price in 2020 first appeared TEKNOBLOG .

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