×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Wednesday
24
Dec 2025
weather symbol
Athens 13°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Gazprom is ready to meet the growing demand for gas in EU

As experts say the market price of natural gas in the EU is changing from country to country - Rich countries of Europe pay less money than poorer countries

Newsroom September 22 01:11

A working meeting between Russian President Vladimir Putin and Gazprom Management Committee Chairman Alexey Miller took place this week and Alexey Miller stressed that Gazprom was ready to meet the growing demand in the European Union.

He clarified that the company would provide gas on a daily basis, which was fully consistent with the contractual obligations of the company.

Executives of the Russian company estimate that the average price of Russian gas for European market will be decreased to $350 per 1,000 cubic meters, as compared to $387 for 2013, but that would not apply to all countries.

It is seems that rich countries of Europe pay less money than poorer countries. As the below map shows, which was published by Reuters, the western countries pay less money to Gazprom comparing to the weaker countries of Central and Eastern Europe.

map

As experts say the market price of natural gas in the EU is changing from country to country, but cannot be sure about the reason since the commercial policy of Gazprom is confidential. Also, the contracts signed between the company and various countries include different terms and conditions.

>Related articles

Wave of bankruptcies in Germany: Which businesses are hit hardest

Greek Tax Authority to step up scrutiny of suspicious bank transfers and investment transactions from the New Year

US announces tariffs on microchips imported from China from 2027

Therefore, there is not a standard way to determine a single price for all countries.

However, the energy dependence of each country is probably the main factor that determines the price. If a country has many energy resources, then it is more likely to buy the gas cheaper than countries with no or fewer energy resources.

As Mikhail Korchemkin, head of East European Gas Analysis, says contract prices depend on various factors, but mainly on market competitiveness.

Ask me anything

Explore related questions

> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Empress Elisabeth of Austria had a passion for the Greeks and learned Greek

December 24, 2025

Wave of bankruptcies in Germany: Which businesses are hit hardest

December 24, 2025

NASA published a new map of the universe; the “SPHEREx” space telescope changes the data landscape

December 24, 2025

Mourning for flight attendant Maria Pappa, who was lost in the crash of the Falcon 50 in Ankara

December 24, 2025

Erdogan for trilateral meeting between Greece, Cyprus and Israel: It’s nothing more than tin can noise

December 24, 2025

AADE scrutinizes 3,000 farmers for mass registrations and deletions of farmland in the E9 during 2025

December 24, 2025

Rare meteorites discovered by the Chinese mission on the far side of the moon

December 24, 2025

The Greeks of Istanbul took to the streets for caroling, see video

December 24, 2025
All News

> World

NASA published a new map of the universe; the “SPHEREx” space telescope changes the data landscape

The three-dimensional visualization of the entire sky will help scientists learn more about the origin of life in our galaxy and about how the hundreds of millions of galaxies in the universe have changed over time

December 24, 2025

Rare meteorites discovered by the Chinese mission on the far side of the moon

December 24, 2025

Unexpected interruption during Fidan press conference in Syria: Statements ended abruptly – Damascus apologizes

December 24, 2025

Aircraft carrying Libya’s Army Chief sends SOS, requests emergency landing before crashing

December 24, 2025

The sarcophagus over Chernobyl will not withstand a direct hit by a missile or drone, says the director of the

December 23, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα