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October 31, 17:29: Russia’s natural gas prices to drop in Europe
October 31, 16:04: Alpha-Bank to purchase problem banks
October 31, 15:59: Young Guard declares an onslaught on all labor migrants
October 31, 13:20: Duma approves 2009-2011 federal budget
October 31, 12:03: Nature Ministry to take care of Far-Eastern Leopard
October 31, 08:53: Ingushetia President dismissed
October 30, 17:54: United Russia proposes that regional legislatures agree their initiatives with the centre
October 30, 17:23: Hog cholera is spreading over Stavropol Region’s farms

«Expert Online» / 31 October 2008, 17:29

A Plus of the Crisis

Photo: SXC

Natural gas prices for Europe will equal $350-400 per thousand cubic meters, deputy head of Gazprom Expert Company Sergei Chelpanov has predicted. The average price of a thousand cubic meters has been around $460-520 in 2008.

Nevertheless, in 2008, Gazprom may gain $75-77 billion from supplying natural gas to Europe and overall gains of the company may reach $100 billion, which equals approximately to the company’s total capitalization, the expert has noted.

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