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Monday, November 17, 2008

Gazprom increases gas exports by 9% to 182 bln cu m in 9M08

MOSCOW, November 14 (RIA Novosti) - Gazprom increased gas exports in January-September 2008 by 6% year on year to 182 billion cu m, the Russian energy giant said Friday. In the third quarter, the average price for gas sold to Europe was $473 per 1,000 cu m, an almost 13% growth on the second quarter, and a 70% growth on last year's third quarter. Gazprom gas supplies to Western Europe grew 15% to 90.6 billion cubic meters, and 25% to 32.3 billion cu m to Central and Eastern Europe. Gas supplies to the Russian market grew 4% to 239 billion cu m. Gas supplies to former Soviet Union countries decreased by 4% to 59.2 billion cu m.

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