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Russian sanctions made it impossible to transit gas through Poland
May 12, 2022
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The sanctions imposed by Russia against a number of foreign companies made it impossible to transit gas through the Yamal-Europe pipeline, through which Russian gas was transited through Poland to Germany
Russian sanctions imposed on EuRoPol GAZ, which owns part of the Yamal&mdash gas pipeline; Europe, means a ban for Gazprom use the power of this highway. This was announced by the official representative of the company Sergey Kupriyanov, his comment was published in Gazprom's Telegram.
“A ban on transactions and payments in favor of persons under sanctions, in particular for Gazprom this means a ban on the use of the gas pipeline owned by EuRoPol GAZ to transport Russian gas through Poland,— said Kupriyanov.
EuRoPol GAZ— joint venture of “Gazprom” and the Polish company PGNiG, the owner of the Polish section of the Yamal pipeline— Europe. The Polish company owns 51.18% of the joint venture, the Russian— 48.82%. Through the Yamal pipeline— Europe Russian gas flows through Belarus to the EU, specifically Germany.
At the end of April, Gazprom suspended gas supplies to Poland, as Warsaw refused to pay in rubles under the current contract, while gas transit through the Yamal pipeline; Europe has not been reduced. At Gazprom also warned that in the event of unauthorized withdrawal of Russian gas from transit volumes to third countries, supplies for transit will be reduced by this volume.
On May 11, by presidential decree, the Russian government approved a list of 31 companies that fell under retaliatory Russian sanctions . The list is mainly former "daughters" Gazprom, including EuRoPol GAZ and Gazprom Germania. Its participation in the European “daughters” “Gazprom” ceased April 1.
Read on RBC Pro Pro Risks of layoffs: how not to fall into the trap Instructions Pro What is a manager made of, or What to do when everyone is looking at you? Summary Pro Why and how to stop working overtime Articles Pro How exactly now should a top manager look for a job: four tips Instructions Pro So-so motivation: why you should not tie salary to KPI Research Pro What cognitive biases prevent us from working with money Articles Pro Risk the eternal bear market is real. In which stocks to sit out the fall Forecasts Pro $170 million error: why Amazon tried to create an alternative to the iPhone payments and transactions with securities in favor of companies. The restrictions were introduced in response to “unfriendly and contrary to international law actions of the United States and its affiliated states,” according to a decree of the Russian president dated May 3.
A representative of the German gas regulator said that the suspension of gas transit through the gas pipeline Yamal— Europe will not affect the energy security of the country. “For several weeks, almost no gas was delivered to Germany through this pipeline,” — quotes a statement from a spokesman for the regulatory body Reuters.
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