Reuters: Poland's PGNiG Says Talks With Gazprom on Gas Prices Advanced

The chief executive of Poland's state-controlled gas distributor PGNiG said on Wednesday that talks with Russia's Gazprom on imported gas prices were "very advanced."

PGNiG said in May it had filed for arbitration with the Stockholm Arbitration Tribunal in a dispute over the gas price formula with its biggest gas supplier, looking to change the pricing of its long-term contract in the face of falling oil and gas prices.

Much of the gas PGNiG sells in Poland comes from Gazprom.

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