Russian state allows gas resale in Europe

The Russian oil company Gasprom has been consolidated in the market, over the years, as a leading supplier of gas to Europe. Now the state will allow European customers to resell Russian gas, an action that was previously prohibited by contract. Furthermore, Gazprom suggested alterations in the determination of process gas prices, simplifying its revision.

According to representatives of the European Commission, Gazprom prevented the diversification of gas supplies in Central and Eastern Europe, and imposed unfair prices. Thus, the Russian state has changed its supply and sale of gas policy.

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