PGNiG counting on new prices from Gazprom

Poland’s natural gas giant PGNiG is counting on price change in its contract with Russia’s Gazprom, deputy CEO Jerzy Kurella was quoted as saying by the Polish Press Agency. It has already asked for new price negotiations. He added that there could also be talks on the volume of supplied gas, but the price would be the crucial issue. “The contract gas price does not reflect pricing on the European market. So we have a reason to renegotiate,” Kurella said. He explained that the talks could take up to six months.