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RWE Aktiengesellschaft Altenessener Straße 35 45141 Essen, Germany http://www.rwe.com
Contact Mr Volker Heck +49 201 1215120
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RWE Aktiengesellschaft

Arbitration court rules in favour of RWE on price revision of its long-term gas supply contract with Gazprom

(PresseBox) (Essen, )
An arbitral tribunal granted RWE's request for a revision of the purchase price payable by RWE for the natural gas supplied under its long-term 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 also 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.