Thursday, July 18, 2019

Russia's Gazprom to Start Gas Auctions -Ifax

Posted by September 7, 2018

Russia's Gazprom plans to start its export gas auctions from Sept. 17 for deliveries to Germany, Austria and Slovakia, Interfax news agency reported on Friday.

Gazprom began experimenting with auction sales a couple of years ago as a possible alternative to its usual system of selling through long-term oil price-linked contracts, as some clients started to demand at least partial spot pricing.

Reporting by Katya Golubkova

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