Gazprom forecast of natural gas export price due to COVID-19 2020

Russia's Gazprom estimated that the coronavirus (COVID-19) pandemic would lead to a 37 percent decrease in export prices of the company's natural gas in 2020 compared to the previous year. In 2019, Gazprom's revenue from gas exports to non-CIS countries reached nearly 41 billion U.S. dollars.

Average export price of Gazprom's natural gas in Russia from 2018 to 2019 with a forecast due to the coronavirus (COVID-19) in 2020

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Sources

Release date

April 2020

Region

Russia

Survey time period

2018 to 2020

Supplementary notes

* From Gazprom's 2019 IFRS results presentation, page 17.
** Forecast.

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