MOSCOW, Nov 14 (PRIME) -- Russian gas giant Gazprom has cut prices for Hungarian traders Panrusgas and Centrex, the company said in a statement on Thursday.
“Gazprom has signed an agreement to change the long term contract conditions with GDF Suez in 2013, and it has completed price revision talks with Panrusgas and Centrex,” Gazprom said.
Gazprom Deputy CEO Alexander Medvedev said in July that after negotiations with several European customers, prices for them will decrease by less than 7-10%, the amount by which the company slashed its prices previously and that the spot price factor in the price formula will remain at 7-8%.
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