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Poland, Russia Ink Long-Term Gas Supply Deal

Russia's Deputy Prime Minister Igor Sechin (left) shakes hands with Polish Deputy Prime Minister Waldemar Pawlak in Warsaw.
Poland and Russia have signed a deal on deliveries of Russian natural gas until 2022.

Polish Deputy Prime Minister Waldemar Pawlak made the announcement in Warsaw after inking the deal with his Russian counterpart, Igor Sechin.

The deal, which was clinched after more than a year of talks and must still be approved by the European Commission, stipulates deliveries of 10 billion cubic meters by 2022.

The average annual value of the contract is estimated at about $3 billion.

The transit of Russian gas through Polish territory further west via the Yamal-Europe pipeline is also contracted until 2019.

compiled from agency reports