Exports collapse and Gazprom wants to increase the price of gas in Russia

The vice president of the state giant has proposed to the government to liberalize wholesale prices. This would lead to a further loss of competitiveness of the country’s industries, already weakened by the sanctions

Gazprom wants to raise gas prices in Russia to compensate for lost export revenues to Europe. Second Kommersantthe Russian business newspaper, the deputy chairman of the state giant Vitaly Markelov he proposed to the government to liberalize wholesale prices for industrial consumers in some regions, emphasizing that the gas sector “should shift attention from exports to the domestic market”. A decision that would cause a rise in prices for Russians, and a further loss of competitiveness for the country’s industries, already compromised by sanctions and labor shortages.