Gazprom pipelines and export capacity

Газопроводы Газпрома и экспортные мощности

Gas pipelines of West Siberia

Газопроводы Западной Сибири

Export flows of Gazprom

Экспортные потоки

Spot, Gazprom, Brent

Цены на нефть и газ

End-use price of gas

Russia and USA

Daily gas production

Суточная добыча


Ukrainian and European Gas Price Projection


Projection update

Average price of European and Ukrainian exports of Gazprom, USD/mcm

 

2006

2008

2008

2008

2008

2009

2009

2009

2009

2010

 

Q1

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Europe and Turkey

243

346

390

438

472

390

292

210

193-219

199-250

Ukraine (1)

230

180

180

180

180

360

270

194

178-202

230-288

Average price of Brent crude, $/bbl

62

97

121

114

55

44

58

50-70

50-70

50-70

Sources: Gazprom (2008); estimations of East European Gas Analysis (2009).

(1) The price of 2008 was $179.50/mcm. In Q1-2006 - the price of gas produced in Russia. According to the Gazprom-Naftogaz contract, from January 2010, Ukraine is to pay higher price than any European importer. The "super-European" price is the result of successful bluff of Vladimir Putin and Gazprom's management.

Mikhail Korchemkin

June 4, 2009

Reproduction or use of the materials is allowed only with the reference to East European Gas Analysis or www.eegas.com


Last modified: 12/07/14                    East European Gas Analysis 2006-2014                                           Email: info@eegas.com
Reproduction or use of materials is allowed only with reference to East European Gas Analysis or www.eegas.com