PGNiG faces chilling gas import prices this winter

Krzysztof Głogowski, the president of PGNiG, confirmed on Friday that RoUkrEnergo, a Russian-Ukrainian company, is demanding a higher price for its gas. Głogowski added that his company would not going to agree to that. It is unofficially known that the previous price was extremely advantageous and lower than the price from its contact with Gazprom. Now PGNiG has no chance of negotiating such a favorable price and RoUkrEnergo is half controlled by Gazprom, which is not very accommodating on the matter. Up to now, PGNiG has been buying about 2.5 million cubic meters of gas a year from RoUkrEnergo. PGNiG wants to sign a new contract at least for three years, for 7-8 million cubic meters, and it has been trying to sign this contract for several months now. According to Głogowski, the issue of supply has been settled and the only matter remaining is price. (Rzeczpospolita, November 4-5, p. B2) M.M.