Average Export Price of Russian Gas Dropped 27% in 9 Months

From January to September 2015, the average export price of Russian gas totalled $238.2 per 1000 cubic meters, according to statistical information of the Russian Federal Customs Service.

During the same period last year average export price of Russian gas was $326.5 per 1,000 cubic meters. Thus, price dropped by almost 27%. Over a period of nine months, income from gas export decreased by $12.8 billion to $31.331 billion.

Also over the same period, the volume of Russian gas export decreased by 2.9% and totalled 131.5 billion cubic meters.

During this export period, Russian gas decreased by 2.9% against the same period last year and totalled 131.5 billion cubic meters.

Export to Far Abroad (Europe) increased by 5.7% up to 104 billion cubic meters, while export to Near Abroad totalled 27.5 billion cubic meters, dropped by 25.9%.