Gazprom’s January-July European Natural Gas Exports Decline 12%

OAO Gazprom’s natural gas supplies to Europe in the first seven months of the year fell 12 percent to 82.2 billion cubic meters, from 93.1 billion in the same period of 2011, according to an official at the company’s export unit.

The average price for exports to Europe this summer was about $400 per 1,000 cubic meters, said the official, who declined to be identified due to the Moscow-based company’s policy. The export figures for this year are preliminary.

To contact the reporters on this story: Jake Rudnitsky in Moscow at jrudnitsky@bloomberg.net; Anna Shiryaevskaya in Moscow at ashiryaevska@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

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