The price of gas exports from Russia to non-CIS countries is expected to average $829.5 per thousand cubic meters in 2022, $449.9 in 2025, according the forecast of the Russian Economic Development Ministry
MOSCOW (Pakistan Point News / Sputnik - 28th September, 2022) The price of gas exports from Russia to non-CIS countries is expected to average $829.5 per thousand cubic meters in 2022, $449.9 in 2025, according the forecast of the Russian Economic Development Ministry.
In 2023, the price is expected to reach $700.3, and then drop to $550.3 in 2024.
Also, in the baseline scenario, the ministry predicts that average Urals crude price will drop to $71.9 per barrel in the fourth quarter this year from $80 per barrel in the second quarter. The average price of Urals will drop to $70.1 in 2023, $67.5 in 2024, and $65 in 2025.
