Gazprom modifies gas formula for its European importers
Edited by Rhod Mackenzie / 2016-04-14 01:47:16
The Russian gas holding Gazprom modifies price formation formula in its long-term contracts with the European importers. Gas price used to be bound to the price of oil products basket, and now Gazprom turns to price formation oriented to spot gas price in Europe, Kommersant reports.
