Gazprom to pay out on billion-dollar gas price award
Gazprom station in Russia (Credit: Shutterstock/pipicato)
Russia’s Gazprom has agreed to repay US$1.5 billion to Poland’s state gas utility PGNiG to comply with an award in a gas price review arbitration but says it will continue with efforts to challenge the outcome in the Swedish courts as well as pursuing further price renegotiations.
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