24 Dec 2010 15:17

Gazprom to reduce gas price for Latvia, Estonia if gas takeup is at 2007 level

KALININGRAD. Dec 24 (Interfax) - Gazprom will discount the price of gas for Latvia and Estonia if those countries take up at least as much gas as in 2007, Gazprom Deputy CEO Valery Golubev told journalists.

The price will be calculated based on oil product prices with a nine-month lag. "That issue has been entirely resolved. The same decision was taken for Estonia," he said.

The discount will be smaller if those countries take less gas, he said.