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15 Feb
17:42

Gazprom seeks -20% pipe discounts: report

Gazprom is demanding discounts of -20% from Russian large-diameter pipe (LDP) suppliers for its major projects, according to industry sources quoted by Reuters. This follows the emergence of a producer charging significantly lower prices. The gas giant is trying to limit investment spending that is due to peak in the next two years. The firm is in the process of building TurkStream to Turkey and Power of Siberia to supply China, and is preparing for the Nord Str…
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