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28

Gazprom expects Q4 average export price of $327 per 1,000 cm

Russia's gas giant Gazprom expects an average export price of $327 per 1,000 cubic meters of gas in the fourth quarter of 2010, up from $318 in the third quarter of the year, Deputy Chairman of the Management Committee Alexander Medvedev said on Monday

Gazprom expects Q4 average export price of $327 per 1,000 cm Gazprom expects Q4 average export price of $327 per 1,000 cm

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The price amounted to $293 in the first quarter, $289.50 in the second quarter, rose to $318 in the third quarter, while the expected price for the fourth quarter stands at $327," Medvedev said, adding that real and expected prices meant that the company would meet its 2010 average expected price of $308 per 1,000 cubic meters.

Source : RIA Novosti