Gazprom and PGNIG set gas prices

Gazprom and PGNIG set gas prices

 

Gazprom has reduced gas prices for PGNIG SA (Poland). Gazprom Vice CEO Alexander Medvedev and PGNIG SA CEO Grajina Piotrovskaya-Oliva signed an additional agreement to their contract, Prime reports.

Gas transported using the Yamal-Europe Pipeline will be sold according to market prices. The take-or-pay principles will still be in force.

The agreement will end the disputes at the Stockholm Arbitrary Court PGNIG referred toin 2011 to get a gas discount from Gazprom.

 

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