Poland, Russia wind up gas supplies negotiations, deal to be initialled now.

By bne IntelliNews December 11, 2009
The Polish-Russian inter-governmental agreement on natural gas supplies has been agreed upon as the bilateral negotiating team wound up its works in Moscow on Thursday, the economy ministry has announced. After the previous round of talks, on Nov 26 in Warsaw, the sides were only to agree on legal and technical wording, which they did on Thursday. Currently, the accord is due to be initialled, the foreign ministry is also due to propose a resolution on the deal to the Polish cabinet; once the resolution is passed, the Premier will sign the international agreement on the issue, the ministry explained. A few days after the previous round of talks, deputy PM and economy minister Waldemar Pawlak admitted that it was not certain that an official agreement on additional natural gas supplies from Russia would be signed by the end of the year as "new elements" in these talks have suddenly emerged on the Russian side. In late October, the Polish and Russian natural gas firms, PGNiG and Gazprom, respectively, reached an agreement on additional supplies to Poland, while the official accord on the issue was still to be signed. According to the PGNiG-Gazprom deal, the so-called Yamal contract has been prolonged by another 15 years, i.e. by Dec 31, 2037 with higher supplies for Poland starting from Jan 1, 2010 till Dec 31, 2037 to the level of 10.27bn cubic m. according to the Polish norm. tom

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