Russia prolonged gas delivery contract to Finland

Publish date: February 8, 2005

Gazprom and Gasum prolonged the major contract of the Russian gas export to Finland to December 31, 2025.

The signed document specifies more than 15% increase of the gas volume to be delivered to Finland. By 2008 it is planned to reach 6 billion cubic meters per year of the export increase, Interfax reported.

The Russian and Finnish sides also agreed on a joint working group establishment to investigate further sales of bigger gas volumes to the western part of Finland.