Gasum has no idea when the price dispute with Gazprom will be settled
Edited by Rhod Mackenzie / 2015-08-17 02:43:56
Gasum Oy (Finland) doesn’t give any forecasts concerning the completion of the hearings with Gazprom at the Stockholm arbitration Court in connection with the price for the shipped to Finland gas.
Gasum demanded Gazprom to reconsider the gas price and change the price formula.
The procedure has started and it is not possible to predict how long it will take, we are constantly negotiating with Gazprom, the representative of Gasum, O. Vyaisyanen, said.
The parties have been negotiating upon the price from the beginning of 2014 and couldn’t have managed to come to agreement. The goal of Gasum is to check the gas price’s meeting the market price.
Gazprom has a similar dispute with Dong Naturgas (Denmark), PGNiG (Poland) and E.ON (Germany).
