Russia's Gazprom expects 2022 gas prices in Europe no lower than 2021
The logo of Russian gas giant Gazprom is seen on a board at the St. Petersburg International Economic Forum (SPIEF), Russia, June 6, 2019. REUTERS/Maxim Shemetov
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MOSCOW, Nov 29 (Reuters) - Russian state gas company Gazprom (GAZP.MM) forecasts that gas prices in Europe next year will be no lower than in 2021, a company official told a conference call on Monday.
Gazprom sees the average gas price in Europe at $550 per 1,000 cubic metres in the fourth quarter, the official said, adding that the company would continue refilling storage in the region until year-end because it now stands at 75.25 billion cubic metres (bcm), below a six-year average of 90.73 bcm.
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Reporting by Vladimir Soldatkin and Oksana Kobzeva
Writing by Katya Golubkova
Editing by David Goodman
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