Gazprom Doubles Export Revenue Despite Delivering 43% Less Gas To Europe ...Middle East

This year, Gazprom supplied 43 percent less gas to Europe than last year, but raised prices by three times on average. This translated to the company’s European export revenue increasing from $53 billion to $100 billion, wrote Olivér Hortay, head of the energy and climate policy research at Hungarian think tank Századvég Konjunktúrakutató, in his Facebook post in response to an article published in the Financial Times. According to the paper, the higher gas prices will help the Russian natural gas extraction…

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