"Gazprom" doesn't want to revise gas contracts

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Offers on revision of price conditions of contracts on purchase and transit of the gas, concluded in January for 2009-2019, have to be proved, and "Gazprom" sees for today such no reason, the vice-chairman of board of the company Alexander Medvedev declared.

"Frankly speaking, I, also as well as my colleagues, at all imagination can't find the bases for revision of price conditions or transit conditions", - Medvedev on Wednesday told journalists in Moscow, reports "Interfax - Ukraine".

Medvedev added that statements for need of revision of price conditions of contracts go not from NAK Naftogaz Ukrainy, and at political level.

"We faces it over and over again. I lay political statements aside - we are engaged in business. I hope that contract conditions will be executed, including concerning requests for revision of these or those conditions", - the deputy chairman of "Gazprom" emphasized.

It reminded that in any first-class contract for delivery each participant has time in a certain time, for example, in 10 years, opportunity to use the right of revision of the prices. "But it has to be proved. Procedure of negotiations on revision begins not when someone wanted and when it could prove with what such demand" is connected, - Medvedev emphasized.

According to him, the situation when the demand arrived is quite standard, but wasn't accepted from - for its groundlessness. "And, as a rule, the first time it is possible to resort to the rule of revision not for the second day after signing of the contract, and has to pass certain time", - the deputy chairman of "Gazprom" noted.

According to earlier published texts of contracts for delivery and transit of gas, the party have the right to declare essential change of circumstances in the market in comparison with being expected at the conclusion of contracts in this connection contract price doesn't reflect the market price level then the parties have to enter negotiations on revision of contract price.

Thus the requirement about revision of the price has to be presented in writing and is properly proved by the party putting forward it.After that in 20-dnevny time negotiations on which about three months are taken away begin. In case of their failure business can be referred arbitration.

Besides, the contract for delivery provides to each of the parties on the conditions described above the right to initiate revision of volumes of deliveries till July 1 of the year previous year of deliveries.

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