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21 Nov
00:00

MMK, Gazprom sign ten-year gas supply deal

Russian steelmaker MMK has signed a long-term natural gas supply deal with Gazprom worth RUB 40.41 billion ($679.85 million), Kallanish Steel's sister publication Kallanish Energy reports. Holding a Russian steel market share of 18.1% in 2016, MMK’s agreement with state-owned gas producer Gazprom ensures security of supply until the end of 2027. Details of the contract, such as its value and volumes, were not disclosed by either company.…
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