Friday, February 19, 2010

Gazprom Gas Sales

Gazprom agreed to establish for E. ON Ruhrgas more flexible price writes the German Handelsblatt.

According to the E. ON Ruhrgas Chairman of Directors Board Bernhard Reutersberg, in particular the cost of certain part of gas in the future may not be tied to the cost of oil, as it was in the past three decades. 

 He noted that the basic parameters of the contract have been already agreed upon. Last year 31.6 billion cubic meters of Russian gas have been exported to Germany.

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