«Oil & Gas Dialogue» IMEMO RAN
... amid long-term contracts and hub trading which is set to be introduced across Europe. An official justification is that Europe feels that gas is overpriced and super-natural profits are recorded by the Russian gas monopoly. At IMEMO RAN Sergei Komlev, Gazprom Export Head of Department for gas Contracts and Pricing, “rebuffs the overpricing myth” by arguing that raw materials increased on average 3-4 times resulting in a natural price increase as pipeline construction or alike now costs ...