Gaz Price (Update)

Today Bloomberg reports Russia’s gas-export monopoly said yesterday it revised the price formula for clients including Germany’s Wingas, GDF Suez (GSZ) SA of France and Sinergie Italiane Srl to reflect “changing gas market conditions.” (Article can be found here)
Gazprom’s Deputy Chief Executive Officer Alexander Medvedev said in a statement reports RT (Article can be found here)“Gazprom Export reached agreement with a number of major European  purchasers, which  involve  certain adjustments  to  the price for  Russian  gas purchased  under  these contracts,  taking  into account the gas market in Europe and the situation with the economy  and energy sector of certain European states”.
At this stage the discount Gazprom's customers obtained (including GDF) isn't known precisely but Bloomberg reports that two officials at Gazprom's export unit have excluded the adjustment to reflect the full extent of the declining spot price. The discount which will be applied retroactively probably averaged 10%.

The retail price hike due january first should now be revised to reflect at least the discount retroactive action effect on GDF profit since the company argued to justify the increase the ressource rising cost in 2011 of its long term contracts oil indexed.