PGNiG hopes soon to complete negotiations with Gazprom on gas price

PGNiG hopes soon to complete negotiations with Gazprom on gas price


The head of the Polish PGNiG, Mariusz Zawisza said that the company plans to complete negotiations with Gazprom on the gas price “as soon as possible”.

MOSCOW, 6 Nov. The head of the Polish company PGNiG Mariusz Zawisza (Mariusz Zawisza) said about the possibility in the near future complete negotiations with Gazprom on revision of prices for Russian gas deliveries.

“PGNiG intends to complete negotiations with Gazprom as soon as possible,” he said at a conference in Warsaw Zawisza, quoted by Bloomberg.

In November 2014, PGNIG informed that has addressed with the requirement to “Gazprom” and “Gazprom export” to revise the price of gas supplied by the Russian company under a long-term agreement. The reason for possible revision, according to the company, are substantial changes observed on the European energy market in recent years.

The period for possible negotiations ended in may, and the Polish company filed a claim in the Stockholm arbitration to “Gazprom” and “Gazprom export” about gas prices.

In early August, the head of PGNiG noted that the negotiations between “Gazprom” and Polish PGNiG are ongoing and are “at advanced stage”, despite the proceedings in the Stockholm arbitration court. In early September it was reported that Zawisza found it difficult to say whether to wait for the end of negotiations with “Gazprom” on revision of conditions of long-term gas supply contract this year.