UPDATE 1-Poland, Russia to seal new gas deal in weeks
* Poland and Russia to sign new gas deal in weeks
* Poland to import 10.3 bln cubic metres from Russia
(Adds details, background)
WARSAW, Nov 4 (Reuters) - The Polish and Russian governments will approve the new gas deal reached between the monopoly PGNiG PGNI.WA and Gazprom (GAZP.MM: Quote, Profile, Research) in a matter of weeks, Economy Minister Waldemar Pawlak said on Wednesday.
Under the new deal, agreed between the companies last week, Poland will import 10.3 billion cubic metres of gas annually directly from Gazprom until 2037, up from about 7-8 billion metres earlier, PGNiG said on Wednesday.
"We will sign the deal in a matter of weeks," Pawlak told reporters in parliament. "The Polish government will look into it on its next sitting."
Sources had told Reuters PGNiG will import 11 billion cubic metres of gas under the new deal.
PGNiG added the remaining conditions of the gas supply deal, including price, were unchanged from the previous deal that ran out in 2022. Continued...
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