Gazprom's natural gas export volume and price fall
Russian Tass News Agency reported recently that Malkin, deputy director of Russia's natural gas industry export company, said in a conference call that in 2019, Gazprom's natural gas exports to non CIS countries may return to the level of 2017, i.e. about 192 billion cubic meters, a decrease of about 4% - 4.5% compared with 2018; the average export price is expected to be 215 US dollars / thousand cubic meters, compared with 2017 8% increase, 13% decrease compared to 2018. Brastrova, President of Gazprom, previously said that Gazprom could maintain the export level of 200 billion cubic meters of natural gas to Europe in a few years. In 2019, Gazprom plans to produce 495.1 billion cubic meters of natural gas.
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