Gazprom Gas Exports to Europe Expected to Reach 170 bcm

Russian gas giant Gazprom expects its gas supplies to Europe to reach at least 170 billion cubic meters (bcm) in 2020, down from 199 bcm in 2019, a company manager said on Tuesday, Reuters reported.

Sergei Komlev, in charge of pricing at Gazprom’s exporting arm, also told an online conference that the company’s average gas price in Europe is seen close to $130 per 1,000 cubic meters this year.