Bank Of Baku

Alexander Miller: “A price of gas sold to Europe can rise to 500 USD per cubic meter by the end of the year”

Alexander Miller: “A price of gas sold to Europe can rise to 500 USD per cubic meter by the end of the year”
# 03 July 2008 16:49 (UTC +04:00)
He said there was a probability for reaching 1000 USD per cubic meter. “If the oil price reaches 250 USD per barrel in the world market the natural gas will be sold for 1000 USD per cubic meter”. Alexander Miller said 1000 USD psychological level of the gas price was not new for his Company. “There were such periods that Gasprom sold its gas for more than 1000 USD per cubic meter on the definite agreements”.
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