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Average price of Russian gas for Europe in Q2 down by almost 12%

September 01, 2015, 17:46 UTC+3 MOSCOW
The price of gas in the Q1 of 2015 amounted to $284 per 1,000 cubic meters
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© ITAR-TASS/Alexei Pavlishak

MOSCOW, September 1. /TASS/. The average sales price of Russian gas to Europe in the Q2 of 2015 amounted to $251 per 1,000 cubic meters, according to Gazprom presentation under the International Financial Reporting Standards (IFRS) for the first half of 2015 published Tuesday.

The price of gas in the Q1 of 2015 amounted to $284 per 1,000 cubic meters. Thus, the price of Russian gas dropped by 11.7% in the Q2.

Gas sales to Europe in the Q2 including deliveries of liquefied natural gas totaled 39 bln cubic meters, 41 bln cubic meters in the Q1.

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