Russian Prosecutor General’s Office finds another 3 NGOs to be undesirableRussian Politics & Diplomacy April 26, 21:42
Moscow ‘seriously concerned’ about Turkish airstrikes in Iraq, SyriaRussian Politics & Diplomacy April 26, 20:55
North Korea ‘neither fears war nor wants to avoid it,’ says country’s UN missionWorld April 26, 20:37
Russia’s Emergencies Ministry to continue helping Serbia in mine clearance in 2017Military & Defense April 26, 20:20
Putin says Russia, China maintain relations at 'unprecedentedly high level'Russian Politics & Diplomacy April 26, 20:02
Polls shows number of happy Russians at record-breaking historic highSociety & Culture April 26, 19:27
IS recruiting Taliban fighters in Afghanistan — Russia’s General StaffMilitary & Defense April 26, 18:49
Coffin with presumed remains of 19th century Russian general dug up in TurkeySociety & Culture April 26, 18:26
Russian envoy says enacting nuke ban treaty will lay basis for stable strategic tiesRussian Politics & Diplomacy April 26, 18:13
LONDON, February 17 (Itar-Tass) — Russia’s natural gas monopoly Gazprom reduced the gas price under long-term contracts for consumers in the EU and Turkey by 10 percent, The Financial Times reported on Friday.
This step was caused by “mounting pressure to move away from oil-linked prices,” the publication says.
The newspaper quotes Deputy Chairman of the Gazprom Management Committee, head of Gazprom Export Alexander Medvedev as saying, “Our partners asked us to revise our prices and ... what we did is correct the parameters of our formula, which led to a relative price reduction of 10 percent on average.”
“The new price will ensure that Russian gas remains competitive,” he added.
According to him, the concession came as a result of negotiations with some of Gazprom’s biggest customers, including France’s GDF Suez, Wingas of Germany, the Slovakian gas company SPP and Botas, Turkey’s state gas supplier.
The Financial Times also reported that Gazprom fought off calls from the EU customers to increase the spot price component in its contracts.