Published 2 years ago

European gas prices to rise 60% in winter due to Western sanctions = Gazprom

Summary by Ground News

Gazprom: European gas prices could spike by 60% to more than $4,000 per 1,000 cubic metres this winter. Company's own export and production continues to fall amid Western sanctions. Gas flows from Russia, Europe's top supplier, are running at reduced levels this year.

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Reuters

European gas prices to rise 60% in winter due to Western sanctions = Gazprom

[Moscow 16th Reuters] - Russia's state-run Gazprom said on the 16th that European natural gas prices rose 60% in winter, as exports and production continue to decline due to sanctions imposed by Western countries, 1000 It showed a forecast that it would exceed 4000 dollars per cubic meter. Gazprom said, “Spot gas prices in Europe have reached 2500 dollars per 1000 cubic meters. If the upward trend continues, even if it is estimated modestly, it …

2 years ago·United Kingdom

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Korrespondent.net

Gazprom forecasts gas at $4,000

The cost of blue fuel on the European market exceeded $2,500 per thousand cubic meters and continues to grow.

2 years ago·Kyiv, Ukraine

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The Korea Times

Russia's Gazprom warns European gas prices could climb a further 60%

Russian state gas company Gazprom said on Tuesday that European gas prices could spike by 60% to more than $4,000 per 1,000 cubic meters this winter, as the company's own export and production continues to fall amid Western sanctions.

2 years ago·Korea, Republic of

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Handelsblatt

Energy: Gas prices in Europe may rise by 60 percent in winter, according to Gazprom

According to Gazprom, gas exports and production are shrinking due to Western sanctions. That could drive gas prices to more than 4000 dollars per 1000 cubic meters.

2 years ago·Düsseldorf, Germany

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The Gateway Pundit

Natural Gas Prices in Europe Reach New Record High -- Russia's Gazprom Warns of 60% Price Increase in Gas in Coming Months

In 2018 during his speech to the UN General Assembly President Donald Trump lodged a warning to Germany about their country’s reliance on Russian energy. The German delegation laughed on camera at the remarks.In June Russia announced it would reduce natural gas flows through a key European pipeline by roughly 40% into Germany.German politicians called this a political move.The Russians don’t care what they call it. They will have to deal with …

2 years ago·United States

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Oil & Gas 360

Russia's Gazprom warns European gas prices could climb a further 60%

ReutersMOSCOW – Russian state gas company Gazprom (GAZP.MM) said on Tuesday that European gas prices could spike by 60% to more than $4,000 per 1,000 cubic metres this winter, as the company’s own export and production continues to fall …The post Russia’s Gazprom warns European gas prices could climb a further 60% appeared first on Oil & Gas 360.

2 years ago·Denver, United States

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