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Russia's Gazprom concludes new contract for gas supply to Slovenia

Author Maja Garaca
Russia's Gazprom concludes new contract for gas supply to Slovenia Source:

LJUBLJANA (Slovenia), April 16 (SeeNews) - Russia's Gazprom said it has signed a five-year contract for natural gas supply to Slovenia with local Geoplin d.o.o. Ljubljana.

The new contract provides for annual supplies of 600 million cubic meters of gas from January 1, 2018 to January 1, 2023, Gazprom said in a statement on Friday, following the signing ceremony.

"This year marks 40 years since the start of Russian gas deliveries to Slovenia in 1978," said Alexander Medvedev, deputy chairman of the Gazprom management committee.

"Geoplin d.o.o. Ljubljana is our 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," Medvedev noted.

Between 1978 and 2017, more than 14 billion cubic meters of gas were delivered to Slovenia, including 607.2 million cubic meters in 2017. The previous contract between Gazprom Export and Geoplin d.o.o. Ljubljana expired on December 31, 2017.

Geoplin d.o.o. Ljubljana, a major natural gas importer to Slovenia, is a partner of Gazprom Export in the Slovenian market.