Gazprom offers Lithuania new conditions of natural gas purchase
Edited by Rhod Mackenzie / 2016-01-18 11:46:04
Gazprom has offered Lithuania the buy gas under new conditions. Lithuania has decided that they are more beneficial than the purchase of American and Norwegian LNG.
On January 18, 2016, it became known that Gazprom offered Lithuania the new provisional pricing, which increases the cost of gas. Despite this, the Lithuanian suppliers appreciated the advantages of the new conditions.
The pricing formula is that in the sharp drop in the oil prices the price of gas is not reduced as much as the oil price falls.
