Gazprom’s income from the export of gas in January-September 2021 soared twice as compared to the same period last year and amounted to $ 33.26 billion. This is reported by the Federal Customs Service (FCS) of Russia.
The physical supply volume rose by 9.5 percent (up to 156.8 billion cubic meters). In September, the company reduced exports by 8.8 percent compared with August (up to 15.3 billion cubic meters). During this month, the average export cost of gas supplies increased to $ 308 per thousand cubic meters against $ 282.4 in August and $ 245.12 in July.
The FCS also reported that in January-September Russia increased oil exports in value terms by 41 percent compared to the same period of 2020 (up to 77.9 billion dollars). The physical scope of delivery fell by 5.8 percent (up to 171.37 million tons). The volume of gasoline exports decreased by 26.5 percent. Russia’s income from electricity exports for nine months increased by 2.6 times, amounting to 804.1 million dollars), and incomes of companies from liquefied natural gas supplies (LNG) fell by 10.6 percent.
Earlier, Russian President Vladimir Putin said that Gazprom does not receive super-profits from gas supplies to Europe for long-term contracts. Vladimir Chizhov’s permanent representative of Russia at the European Union also noted that the Russian company does not benefit from the crisis in Europe. “Fantasies on the fact that Gazprom gets facial profits is another fake,” he said.