Quarterly and annual financial reports of Gazprom.
(1) There are no quarterly data for 2000-2001;
(2) USD/mcm costs are based on the average RUR/USD rate of
the corresponding quarter.
The average gas
production cost of Q1-2015 is reported at RUR 1602/mcm ($25.77/mcm
or $0.8/MMBtu) compared with RUR 1298/mcm ($37.13/mcm) of
Q1-2014. The dollar cost is affected by devaluation of the Russian
The average price of
gas exported out of the former Soviet Union in Q1-2015 is reported
at $284.2/mcm or $8.9/MMBtu (according to the official
conversion factors used in the IFRS reports of Gazprom). The average export price of 2014 is
reported at $349.4/mcm or $10.9/MMBtu.
European Gas Analysis
August 24, 2015