Gazprom’s export incomes to cut $20 billion next year
15 December 2008 08:45 (UTC +04:00)
Moscow –APA. Russian Gazprom Company will face $20 billion cut in the gas export incomes next year. 60 percent of Gazprom incomes fall to the export share, APA reports. According to the company’s forecast, due to drop of gas price to $280 per cubic meter the export incomes will reduce by 31.7 percent. Gazprom predicted its export incomes for 2008 as $64 billion. From this view, the company will lose at least $20 billion of the export incomes. Totally the Gazprom incomes are expected to reduce to 111.2 billion dollars next year.
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