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    Gazprom Signs 5-yr Contract for Slovenia

Summary

The volume suggests that nothing much has changed in Slovenia's gas demand for at least a decade.

by: Dalga Khatinoglu; Goynur Shukurova

Posted in:

Natural Gas News, Europe, Corporate, Import/Export, Contracts and tenders, Political, News By Country, Italy, Russia, Slovenia

Gazprom Signs 5-yr Contract for Slovenia

Russian state-run gas giant Gazprom Export is to supply Slovenia’s privately held gas importer Geoplin with 600mn m³/yr of gas for five years, starting January 1, 2018, it said April 13. The contract follows the one that expired the day before and is for roughly the same volume. Russia has supplied 14bn m³ to Slovenia since 1978, including 607mn m³ last year.

“This year marks 40 years since the start of Russian gas deliveries to Slovenia in 1978. Geoplin is a long-standing partner. I am confident that the new contract for natural gas supplies will reinforce the relations between our companies and open a new page in the history of energy cooperation between the two countries,” Gazprom Export's Alexander Medvedev said.

“Today’s event is another proof of our effective long-term co-operation with Gazprom. This contract symbolises a crucial strategic alliance. Our reliable partnership with Gazprom is a guarantee of uninterrupted gas supplies to our company and Slovenia for years to come,” Bostjan Napast noted.

Slovenia's other gas supplier is Algeria, which delivers gas through Italy, a neighbour of Slovenia.