Gazprom Sees Gas 2022 Export Price Up 6% in Conservative Outlook
- Gas giant sees a cautious $296/kcm export price level for 2022
- Europe’s energy-supply crunch has sent prices to record levels
The Gazprom Atamanskaya compressor station, in the Amur region, Russia.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
Gazprom PJSC’s 2022 budget took a typically prudent view of gas prices, despite record-high energy costs in its main export market and few signals Europe’s energy crunch is abating.
The Russian gas producer is basing its 2022 budget on what it calls a “conservative” export price of $296 per 1,000 cubic meters, according to a company presentation made to investors on Wednesday.