Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Gazprom Will Get 15% More

The government could grant Gazprom a 15 percent price increase next year, more than any regulated company would receive, Vedomosti reported Wednesday, citing a deputy minister.

The newspaper cited Deputy Economic Development Minister Stanislav Voskresensky as saying that under preliminary proposals, domestic gas consumers would pay 15 percent more next year, while rail and utility customers would see increases in line with inflation.

Voskresensky was quoted as saying the proposals should ensure that investment levels can be maintained next year.

Industry sources say Gazprom may struggle to balance investment in gas production and infrastructure in the coming years, and shortfalls in upstream investment may create new opportunities for independent producers to sell gas into the Gazprom system.

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

paiment methods
Not ready to support today?
Remind me later.

Read more