Gazprom to review gas price every quarter

Coefficient “k” was introduced into formula during signing of contracts on January 19 of 2009.

It was 0.8 in 2009 that enabled to decrease the gas price by 20%. From 2010 and until now, “k” was equal to 1.

According to supplement of the contract dated December 17 of 2013, to maintain the gas price at the level of $268.5 the coefficient will be recounted depending on change of oil and oil products prices, taking into account the gas price on approved formula with discount on Kharkov agreements.

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