PGNiG filed a lawsuit in the arbitration to “Gazprom” on the revision of the contract


Moscow. 2 February. Polish oil and gas company PGNiG on Monday, February 1, filed a lawsuit to arbitration in Stockholm to PJSC “Gazprom” and OOO “Gazprom export”, said the Polish company.

Previously – under the same process – may 13, 2015 – PGNiG sent “Gazprom” the notice of arbitration. The suit concerned the conditions of a long term contract of 25 September 1996.

PGNiG does not want to provide detailed information on the nature of the dispute because of the confidential nature of arbitration.

At the same time, PGNiG notes that the filing of a lawsuit does not preclude commercial negotiations between the parties aimed to reach an agreement.

The contract for the supply of gas to Poland through the pipeline “Yamal-Europe” until 2022 foresees supplies of up to 10.2 billion cubic meters of gas per year. In 2014 Gazprom supplied Poland 9.1 billion cubic meters of gas, about $379 per thousand cubic meters.

PGNiG has already led Gazprom arbitration litigation in 2011-2012, which ended out-of-court agreement.

On Monday it became known that the claim against the subsidiary of “Gazprom” gave the Italian company Saipem. Saipem was engaged in laying pipes under the Black sea within the framework of the construction of the “South stream” and then “Turkish stream”. Due to the breakdown of the building she had to cut several thousand employees to remain competitive in the market.