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28.10.2009, 18:51 1 comment

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Gazprom stands behind take or pay on gas contracts

Published: 28 October, 2009, 18:42
Edited: 29 October, 2009, 23:50


Hungary, Vecses : Workers check a gas valve at the main gas center of the FGSZ Natural Gas Transmission Closed Company Limited in Vecses, 20kms from Budapest AFP Photo/Attila Kisbenedek

Gazprom says European customers should pay in full for contracted volumes, even if demand is less than that. But market players believe the Russian gas export monopoly will need to change its long term contracts.

 
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