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RWE Aktiengesellschaft Altenessener Straße 35 45141 Essen, Germany http://www.rwe.com
Contact Mr Lothar Lambertz +49 201 1223984
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RWE Aktiengesellschaft

Analysis of the Arbitral Award concerning the price revision proceedings between RWE Supply & Trading CZ and Gazprom Export completed

No effect on the outlook for 2013

(PresseBox) (Essen, )
On June 27, 2013, an arbitral tribunal had granted RWE's request for a revision of the purchase price payable by RWE for the natural gas supplied under its longterm gas supply contract with Gazprom. In its final award, the tribunal awarded RWE a reimbursement for payments made since May 2010 and adjusted the purchase price formula of the contract by introducing a gas market indexation, which according to the arbitral tribunal reflects the relevant conditions on the gas market at the time of the price revision in May 2010.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.