Gazprom forecasted in June that the average price for last year would reach $402 per thousand cubic meters, versus $305.40 for 2010.
Last year Gazprom exported 150 billion cubic meters of gas to Europe.
The largest buyers of gas in 2011 were Germany and Turkey, which purchased 34 billion (up 0.1 percent) and 26 billion cubic meters (up 44.3 percent) respectively. Supplies to Italy surged nearly 30 percent, while deliveries to Central Europe declined by about five percent.
Revenue for 2011 is projected to be $150 billion, a 27 percent increase over 2010.
Earlier this year, ExxonMobil edged out Gazprom to become the world's most profitable publicly traded energy company with profits of $41.1 billion, versus Gazprom's $40 billion.
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