He said this during his speech at the Russian Energy Week forum.

“It is not known, of course, what will happen next, but today, in the near future, we do not see the prerequisites for gas prices to return to the levels that they used to be,” TASS quoted him as saying.

At the same time, he added that in Russia the price of gas is regulated by the state and it is about $70 per 1,000 cubic meters.

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Earlier, Aleksey Belogoriev, Deputy Director for Energy at the Institute of Energy and Finance, in an interview with Economics Today noted that relations between countries and companies in the energy and gas sector are of a strategic nature.