Gazprom's natural gas export revenue doubled

According to the data of the Russian Federal Customs Service, Gazprom's natural gas export volume through pipelines increased by 9.5 percent in the 9 months in question compared to the same period of the previous year, reaching 156.8 billion cubic meters.
In this period, the company's gas export revenue increased by 99.2 percent and reached 33.2 billion dollars. On the other hand, Gazprom's export price of one thousand cubic meters of natural gas increased by 9.2 percent compared to the previous month in September and reached 308 dollars. He points out that in order to profit from natural gas exports, the price of one thousand cubic meters of natural gas must be above the 90-100 dollar band. Gazprom, one of the largest natural gas producers in the world, is the only company in the country that has the authority to export natural gas through pipelines, according to Russian laws.