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Russia's Gazprom raises estimate for its export gas price in Europe

Credit: REUTERS/EVGENIA NOVOZHENINA

August 19, 2021 — 10:51 am EDT

Written by Oksana Kobzeva and Vladimir Soldatkin for Reuters ->

MOSCOW, Aug 19 (Reuters) - Russian gas giant Gazprom GAZP.MM said on Thursday it had raised a forecast for the average price of its gas supplied to Europe under long-term contracts for this year.

It said it expected its average gas price for this year to increase by 30% from earlier estimates to $269.6 per 1,000 cubic metres.

(Reporting by Oksana Kobzeva and Vladimir Soldatkin; editing by David Evans)

((vladimir.soldatkin@reuters.com; +7 495 775 12 42;))

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