Russian gas to soar up to $400 for Europe

An average cost of the Russian gas for European consumers will grow up to $400 per 1000 cubic meters in 2008, Gazprom CEO Alexey Miller said in a statement.  He noted that the previous price target for the end of this year was estimated at $354. Miller met with Vladimir Putin and agreed with the comments of the Russian president that the price growth was caused by the weak dollar among other factors, reports the Moscow-based radio station Ekho Moskvy