With a contract for 10.2 billion cubic metres per year, PGNiG is one of Gazprom's biggest European customers. In its request submitted on 5 November, the Polish firm mentions the necessity of "guaranteeing that the contract conditions are consistent with market realities". A clause in the contract allows it to renegotiate every three years in the event of "significant changes on the European market".
From Poland's point of view, the gas surplus in the EU and an excessive spread between…