Monday, May 30, 2016

Poland has decided not to renew the contract with “Gazprom” on gas supply – RBC

Photo: Yekaterina Kuzmina / RBC

Poland plans in the future to abandon the long-term contracts for the supply of gas from Russia. The contract between the Polish PGNiG and “Gazprom”, which expires in 2022, will not be extended, according to the Polish authorities

The Polish state gas company PGNiG has no plans to renew the long-term contract with “Gazprom” for the supply of Russian gas, which expires in 2022. This was stated by Reuters authorized Government of Poland on Peter Naimsky gas and energy infrastructure under the Investment Summit in Eastern Europe, organized by Reuters.

«We will strive for a situation where the long-term contract becomes a thing of the past. If the price of Russian gas will be competitive enough, we do not exclude that we will buy it, but definitely not a long-term contract “, – quotes agency the words

The Polish gas company PGNiG state purchases to 10.2. billion cubic meters of Russian gas a year, which account for the bulk of the annual consumption in Poland is nearly 15 billion cubic meters.

contract between PGNiG and “Gazprom” was signed in 1996, expires on it in 2022.

in May 2015 it was reported that PGNiG has filed a lawsuit to “Gazprom” and “Gazprom export» in the Stockholm arbitration court with the aim to reduce the purchase price for Russian gas. The lawsuit was filed after negotiations with “Gazprom” to reduce gas prices, started in November of the same year, have not yielded results.

Prior to that, in November 2012 “Gazprom” and PGNiG signed an additional agreement to the contract for the supply of Russian gas to Poland, changing price conditions. The PGNiG pointed out that in accordance with the supplementary agreement on the Russian gas price will decrease by more than 10%. Later, Poland said it would seek further discounts for Russian gas.

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