28 March 2016

Gazprom Export and Uniper agreed on the price

On March 24, 2016, in Moscow Deputy Chairman of the Management Committee of PAO Gazprom Alexander Medvedev, Director General of Gazprom Export Elena Burmistrova, Chairman of Management Board of Uniper AG Klaus Schäfer and Senior Vice President of Uniper AG Uwe Fip signed an agreement between Gazprom Export and Uniper to adjust pricing conditions of current contracts to supply natural gas for upcoming years. The sides also agreed to stop the arbitration proceeding. The reached agreements allow the companies continuing the cooperation on gas supplies to the German and European markets on the long-term basis.

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