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 Q2-2015 is reported at RUR 1680/mcm ($31.93/mcm
or $1.0/MMBtu) compared with RUR 1468/mcm ($41.97/mcm) of
Q2-2014. The dollar cost is affected by devaluation of the Russian
The average price of
gas exported out of the former Soviet Union in Q2-2015 is reported
at $255.6/mcm or $8.0/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
September 21, 2015