Friday, July 22, 2016

Poland refused to agree on the construction of “Nord Stream-2″ – RBC

Photo: Alexander Chizhenok / Inter / TASS

Polish antimonopoly regulator has not agreed on a joint venture for the construction of the “Nord stream-2″. The emergence of the gas pipeline even further strengthen the position of “Gazprom” in the European market, fear in Warsaw

The Polish antitrust regulator UOKiK has not agreed to an application for a joint venture for construction of gas pipeline “Nord Stream-2″. This is stated in a statement the regulator. An application for the creation of a joint venture supplied “Gazprom” and its partners about the project – E.ON structure, Engie, OMV, Shell, Wintershall

The report UOKiK said that the deal to establish a joint venture may result in restriction of competition.. “Currently,” Gazprom “has a dominant position in the field of gas delivery to Poland, but the planned deal could further strengthen the negotiating position of the company in relation to the Polish customers. In cases where there are substantial grounds for believing that the concentration may lead to a significant restriction of competition, the President of UOKiK informs the business – the company or enterprise – their objections to the proposed transaction. The statement of objections contains the disagreement case, but it does not prejudge the final outcome of the proceedings “, – said in a release

Companies can present their point of view within 14 days or request an additional two weeks, according to UOKiK

The second branch of the pipeline “Nord stream”, laid under the Baltic sea, is to increase the volume of gas supplies to Germany twice, to 110 billion cubic meters. per year. In March, eight EU Member States opposed the project. Among them – the Czech Republic, Estonia, Hungary, Latvia, Poland, Slovakia, Romania and Lithuania. The heads of the governments of these countries have stated that the project carries a geopolitical threat.

«Nord Stream-2″ does not passes through Poland’s economic zone, but UOKiK shall issue a resolution on the implementation of the European Union in accordance with regulatory enactments. RBC source in “Gazprom” has explained that the Polish competition authority decision does not mean the cancellation of the project. According to him, it is an objection within the exchange of documents, which are all members of the consortium will have to respond within two weeks. Interlocutor RBC said that the final decision of the Polish regulator will fall. Without the approval of the joint venture in Poland is not possible to confirm it.

«Gazprom» is not representative commented on the situation.

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