Gas prices on the open market will be some $45 to $50 per 1,000 cubic meters in Russia by 2010, Valery Yazev, the head of the Russian gas association, declared at a news conference in Moscow. Today the association has reported that it joined the International Gas Union. According to Yazev, this accession does not envisage any provision on increasing Russian gas supplies to the world market.
According to Yazev, Gazprom's losses from gas supplies to the domestic market will be about 8bn rubles (about $270m) in 2003. He thinks that fair gas prices are about $35 to $37 per 1,000 cubic meters, while currently the average domestic gas price is some $24 per 1,000 cubic meters. Yazev mentioned that the government planned to raise gas prices by 21 percent in 2004.
In response to the unlawful December 1 arrest and detention of Chinese tech giant Huawei's chief financial officer Sabrina Meng Wanzhou by Canadian authorities in Vancouver at the behest of the Trump regime, facing possible unacceptable extradition to the US, Beijing warned its high-tech personnel last month against traveling to America unless it's essential.
Rescuers found the pilot of one of the two Su-34 fighters that had collided in midair in the Far East on January 18