29 March 2024
Gazprom amends major EU gas contracts
Publication date: 17 January 2012
Gas Strategies Group
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Gazprom Export has reached an agreement and signed amendments to long term contracts with GDF Suez and four other European customers. The amendments - which include “the adaptation of gas prices to changing market conditions in EU countries” - were made at the end of visual_editor011 and the beginning of this year. The changes to the long term contracts will not imply a larger share of export volumes being linked to the spot prices in Europe according to a Gazprom spokesman quoted in the media.