Announcement

Sunday, December 26, 2010

Gazprom cuts output forecast to 570 billion cubic meters to 580 billion cubic meters by 2015

RIA Novosti citing Mr Valery Golubev Deputy Chairman of the Management Committee as saying that Russia gas giant Gazprom will cut prices for Estonia, Latvia in 2011 by 15% if gas deliveries there are increased to pre-crisis levels.

He said that "Gas prices for Latvia will be lowered

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