Russia Slashes Export Price For Natural Gas For 2024 And Beyond ...Middle East

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Russia Slashes Export Price For Natural Gas For 2024 And Beyond
Russia has made a downward revision to its forecast for natural gas exports for 2024-2026, data from Russia’s economy ministry showed on Friday. According to the Economy Ministry, Russia is now forecasting that its natural gas exports to countries outside the ex-Soviet Union will be $434.6 per 1,000 cubic meters this year before falling substantially to $321.7 per 1,000 cubic meters next year. Further downward revisions were made in the forecasts for subsequent years, to $308.3 in 2025, and sub-$300 in 2026. The adjustments are lower than…

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