Media: “Gazprom” will build a “Nord Stream – 2″ alone because Poland – BBC

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One of the biggest “Gazprom” projects “rested” in the Polish anti-monopoly regulator (UOKiK). As the newspaper notes «Kommersant» , UOKiK claims to the consortium for the “Nord Stream – 2″ can lead to the fact that “Gazprom” will have to build the project alone. Total edition, which had a talk with representatives of both parties, put forward four possible developments of the conflict UOKiK and the consortium.

The most realistic option paper calls complex negotiations between “Gazprom” and its partners and UOKiK, as a result of which the regulator may require certain changes in the parameters of the contracts on gas supplies to Poland. Another condition UOKiK may be a requirement of guarantees for current gas supplies to Europe (which go through Poland). “Reasonable regulator need not ban transactions, he needs to win, but to make it big international companies to agree to terms that would bring maximum benefit to Polish consumers,” – said the source publication.

A less likely option paper calls the transaction in principle prohibited, leading to litigation, and in the case of ignoring the decision – strong penalties, up to 10% of the revenue of the consortium. In addition, the controller can be applied to companies’ structural measures »

Another option -. Consortium withdraws an application from UOKiK and completes the transaction. The publication notes that in this case, the regulator will have to go higher – in Brussels and has to prove that the “Nord Stream – 2″ carries risks for competition at the European Commission level, which is already a few years does not allow “Gazprom” to the full power of the first “Nord Stream ».

Finally, the fourth option, the consortium withdraws an application from UOKiK, changes the ownership structure that will eventually lead to the fact that the second building” Nord stream “,” Gazprom “will have to yourself. The publication notes that it is technically the simplest option, but economically it would be extremely risky, in addition, will deprive all the political advantages that have been mined by attracting foreign investors.

Previous reported that Poland opposes the creation of a joint venture for the project pipeline “Nord stream – 2».

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