Gazprom Says Demand For Long-Term Contracts In Europe Growing

ST. PETERSBURG (Pakistan Point News / Sputnik - 15th September, 2022) The demand for long-term contracts on gas supplies in Europe is growing, Gazprom Management Committee Deputy Chairman Oleg Aksyutin said on Thursday.

"A paradoxical situation has developed on the market: amid extremely volatile spot prices, the demand for long-term contracts is growing. End consumers, including those in Europe, want to receive gas at predictable prices," Aksyutin said at the 11th St. Petersburg International Gas Forum.