By Jaime Llinares Taboada

Gazprom PJSC said Thursday that it has raised its 2021 price forecast for long-term gas contracts with European countries by 30%.

The Russian gas company said the new price forecast for European countires--excluding former Soviet Union countries--is $269.6 per 1,000 cubic meters of gas.

Earlier on Thursday, Gazprom said the new Nord Stream 2 natural gas pipeline may supply 5.6 billion cubic meters of natural gas to Europe this year.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

08-19-21 1201ET