This article is from the source 'rtcom' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.rt.com/business/531522-gazprom-export-revenues-surging/
The article has changed 3 times. There is an RSS feed of changes available.
Version 1 | Version 2 |
---|---|
Gazprom’s revenues surge on rising natural gas prices | Gazprom’s revenues surge on rising natural gas prices |
(2 months later) | |
Export proceeds of Russian state-run energy giant Gazprom saw an enormous increase of 73% from January to June 2021 compared to the same period a year ago, according to Russia's Federal Customs Service. | Export proceeds of Russian state-run energy giant Gazprom saw an enormous increase of 73% from January to June 2021 compared to the same period a year ago, according to Russia's Federal Customs Service. |
In monetary terms, the growth amounted to $20.01 billion, while the physical volume of exports totaled 108.4 billion cubic meters, marking a growth of 15.3%. | In monetary terms, the growth amounted to $20.01 billion, while the physical volume of exports totaled 108.4 billion cubic meters, marking a growth of 15.3%. |
In June, Gazprom exported $3.556 billion-worth of natural gas – an increase of 11.6% on the previous month. While the physical volume of exports remained the same, at 15.7 billion cubic meters, the rising cost for natural gas accounted for the growth in revenue. | In June, Gazprom exported $3.556 billion-worth of natural gas – an increase of 11.6% on the previous month. While the physical volume of exports remained the same, at 15.7 billion cubic meters, the rising cost for natural gas accounted for the growth in revenue. |
READ MORE: European gas prices jump to record highs amid drop in deliveries from Russia | READ MORE: European gas prices jump to record highs amid drop in deliveries from Russia |
According to the data tracked by the customs service, the average export price of Russian gas in June surged to $226.5 per 1,000 cubic meters, compared to $199.7 in May and $185.5 in April. | According to the data tracked by the customs service, the average export price of Russian gas in June surged to $226.5 per 1,000 cubic meters, compared to $199.7 in May and $185.5 in April. |
For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |