Sunday 9 June 2013

RWE, Gazprom Talks Fail | Business | The Moscow Times

"Direct talks between RWE and Gazprom on an out-of-court settlement in a dispute over gas price contracts have failed, two people familiar with the matter said.

Supply contracts are vital for European utilities, which buy gas from Gazprom or Norway's Statoil under long-term deals linked to oil prices while having to sell it to customers at lower retail prices linked to the freely traded spot market."

'via Blog this'

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