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Posted On

01
September
2021

No reasons for gas prices to fall in Europe – Gazprom

MOSCOW. Sept 1 (Interfax) – There are no reasons for gas prices to fall in Europe, Gazprom CFO Alexander Ivannikov said on a conference call.

He said forward quotations for gas on the TTF in 2022 were high.

"The current level is certainly here to stay in the short term. The fact that gas stocks in underground storage facilities are at record lows also points to this, so there are absolutely no reasons for prices to fall," he said.