Export of natural gas to non-CIS countries from Russia is expected to decrease by 0.8% year-on-year to 184 billion cubic meters in 2016, due to EU’s intention to decrease its dependence on gas from Russia. For 2016, the gas deliveries to Ukraine from Russia is estimated to be only around 11 billion cubic meters due to its current relations with Ukraine. According to government figures, the export of natural gas for 2017 is estimated to be 189.9 billion cubic meters and 191.4 billion cubic meters for 2018 and 2019. The conservative case provides for natural gas export of 184 billion cubic meters in 2016, 188.7 billion cubic meters in 2017, and 190 billion cubic meters in 2018. The average contracted gas prices for non-CIS countries will be $159.2 per 1,000 cubic meters in 2016, $167.2 per 1,000 cubic meters in 2017, $159.1 per 1,000 cubic meters in 2018, and $174.8 per 1,000 cubic meters in 2019.
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