Gas Market Report 2019 4. Prices and market reforms
Figure 4.13. Evolution of natural gas prices in Russia, 2015–19
RUB/000 m3 |
USD/MBtu |
6 500 |
3.50 |
6 000 |
3.00 |
|
|
5 500 |
|
|
2.50 |
5 000 |
|
4 500 |
2.00 |
|
|
4 000 |
1.50 |
Jan-15 May-15 Sep-15 Jan-16 May-16 Sep-16 Jan-17 May-17 Sep-17 Jan-18 May-18 Sep-18 |
Jan-15 May-15 Sep-15 Jan-16 May-16 Sep-16 Jan-17 May-17 Sep-17 Jan-18 May-18 Sep-18 |
Residential |
Industrial |
Source: Rosstat (2019), Central Statistical Database, www.gks.ru/dbscripts/cbsd/DBInet.cgi?pl=9460018.
The gas price for residential consumers has increased by over 20% since early 2015, while prices for industrial customers have remained stable.
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IEA. All rights reserved.
IEA. All rights reserved.