Starting from 2012 Russia is planning to include an additional integration decreasing coefficient into the gas pricing formula for Belarus, Russian Prime Minister Vladimir Putin said at the press-conference after the session of the Union State Council of Ministers in Moscow on 15 August. He added that the size of this coefficient will be defined […]

Natural gas spot prices on European trading platforms started to fall, going further and further away from the prices in Gazprom long-term contracts. At present the spread already exceeds 80 dollars per 1 thousand cubic meters and it is entirely possible that it will be increasing till the end of the year. In such situation […]