Local elections in Donbass still some way off, says Ukrainian ministerWorld October 28, 2:39
Israel’s emotions are over top regarding UNESCO resolutions on Jerusalem - GatilovRussian Politics & Diplomacy October 28, 2:28
Russia speaks against politicization of probe into chemical attacks in Syria - GatilovRussian Politics & Diplomacy October 28, 2:25
UN, OPCW’s conclusions on Syria’s involvement in chemical attacks unconvincing - ChurkinRussian Politics & Diplomacy October 28, 2:00
Russian DefMin surprised by UNICEF inaction amid growing terrorist activity in SyriaRussian Politics & Diplomacy October 27, 23:14
Russian Defense Ministry: Video of airstrike on Syrian school doctored upRussian Politics & Diplomacy October 27, 21:22
Putin says its too early for him to retireSociety & Culture October 27, 21:10
Putin urges US not to provoke Russia to actively protect national interestsRussian Politics & Diplomacy October 27, 20:20
NATO’s actions create risks to European security — Russian NATO envoyRussian Politics & Diplomacy October 27, 19:52
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.