In 2014 Gasprom is expected to reduce the contract prices for gas sale Far Abroad from $387 to $372 per 1000 cub.m., Andrei Kruglov, deputy chairman of Gasprom, said in his interview to the corporate magazine Gasprom.
He said that at present the companies have drafted the budget for 2014. “In the draft budget Urals oil price will be reduced by $4.00 per barrel and total $101 per barrel, while average contract price for gas sale Far Abroad will go down from $387 to $372 per 1000 cub.m.,” Kruglov added.
Gasprom is the gas transportation and production monopoly of Russia. Over 50% shares of Gasprom are owned by the government, reported RBC.—0—
Economics
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Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
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Azerbaijan has entered into a partnership with Italian energy firm Technip Energies SpA to implement a pyrolysis oil production project aimed at enhancing waste recycling and promoting sustainable development, officials said on Tuesday.
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Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
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