Russian gas monopoly Gazprom and Polish...

According to the Neft Rossii (Russian Oil) business news and analysis web portal, the talks centered on increasing gas supplies from 8 to 11 billion cubic meters per year and extending the current agreement by 15 years, through 2037.

However, Polskie Radio reported that in 2010 Gazprom will deliver 7.5 billion cubic meters less than last year.

"The gas shortages may prompt the Polish Oil and Gas Company to slash supplies for many facilities, including chemical and petrochemical plants, as well as smaller industrial units," it reported on its web site.

PGNiG has dismissed claims that Poland will experience any shortages and said there will be no disruptions to supplies.

MOSCOW, January 12 (RIA Novosti)