MOSCOW Oct 11 Russia's gas export monopoly
Gazprom (GAZP.MM) signed a long term gas delivery deal with its
Czech arm, Vemex, saying the contract became possible after the
Czech Republic liberalised its market from the start of 2007.
The deal for 2008-2012 was signed to annually deliver up to
500 million cubic metres of gas, Gazprom said in a statement
late on Wednesday. The deal can be extended by another 5 years.
Gazprom supplies the Czech Republic with the bulk of its
gas needs, but most supplies usually go via the former monopoly
Gazprom said it had first entered a short-term supply
agreement with Vemex in March 2006 and since then the firm has
sold 2 billion kilowatt hours or 186 million cubic metres of