Russian gas to cost Europe more in 2011

Russian gas to cost Europe more in 2011 ; Russian gas giant Gazprom is predicting gas prices for Europe to rise to 352 dollars per thousand cubic meters, RIA Novosti reports.

In 2010, the price was set at 306 dollars, which means European consumers will be expected to pay 15% more for gas this year.

Gazprom plans to supply 151.5 billion cubic meters of gas to Europe in 2011, 9% up on 2010. For the latest updates PRESS CTR + D or visit Stock Market news Today

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