Polish PGNiG, Gazprom reach gas supply deal

Poland's gas monopoly PGNiG PGNI.WA on Thursday reached a long-delayed gas delivery deal with Russia's Gazprom (GAZP.MM), which ensures supply of up to 10.2 billion cubic metres annually.

PGNiG said in a statement the agreement would extend an existing delivery contract through 2037 and would also ensure transit of Russian gas through the Polish territory using the Yamal pipeline through 2045.

"Next week the deal should receive all the corporate approvals. Then it's up to the government to approve it," management board member Miroslaw Dobrut told Reuters.

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