Poland refused to negotiate a joint venture Nord stream 2″

Poland refused to negotiate a joint venture Nord stream 2″

Moscow. July 22. The Polish Antimonopoly regulator UOKiK has issued an objection to the application on the formation of the consortium Nord stream 2″, says the release of the regulator.

As provided by law, the interested parties can present their point of view in relation to the decision within 14 days from the date of issuance of the decision. They can also claim an additional two weeks to prepare his appeal.

Application to create an SP regulator six members of the consortium filed in December of last year. It is PJSC “Gazprom”, E. ON Global Commodities SE, Engie SA, OMV Nord Stream II Holding AG, Shell Exploration and Production (LXXI) B. V., Wintershall Nederland B. V.

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In February of UOKiK extended the consideration of the transaction for detailed examination of the consequences of the transaction to the market. The regulator has been asked to assess the consequences of the transaction to the Polish market players of natural gas main operator Gaz-System, administration of the ports of Szczecin and świnoujście, EuRoPol Gaz, Polski LNG, a PGNiG, more than 20 importers of natural gas, as well as a national regulator for the energy sector.

After analyzing the collected material UOKiK issued objections to concentration. “The Department has determined that the transaction may lead to restriction of competition. At present, Gazprom holds a dominant position in the delivery of gas to Poland, and planned acquisition could further strengthen the bargaining position of the company in relation to the Polish customers. In cases where there are serious grounds to believe that concentration can lead to a significant restriction of competition, the President of the UOKiK informs the business enterprise or company of its objection to the proposed transaction. A statement of objections contains the arguments of disagreement, but it does not prejudge the final outcome of the proceedings”, – stated in the release.

Earlier, Russia’s permanent representative to the EU Vladimir Chizhov said that the project of gas pipeline Nord stream-2 will be implemented in terms of funding and in terms of payback. He added that currently the European Commission has no official position on the project pipeline, the debate about whether Nord stream-2″ the third energy package of sanctions continues.

In 2015, Gazprom, BASF, E. ON, Shell, and OMV signed the shareholders agreement on creation of gas pipeline Nord stream – 2 with a capacity of 55 billion cubic meters of gas per year from Russia to Germany under the Baltic sea. The project is implemented by the project company Nord Stream AG, 2. After the closing of acquisitions by foreign shareholders of shares in Nord Stream AG 2 share in the project will be distributed as follows: Gazprom – 50%, BASF, ENGIE, OMV, Shell, Uniper, a 100% subsidiary of E. ON) – 10%.

Consent of the Antimonopoly regulator of Germany to the redemption of the foreign partners has already been received. At first, the Polish regulator UOKiK has decided to consider the application until the end of may. Then the decision of Poland to establish a joint venture Nord Steam 2 deferred: local controller had to give the answer of 4 June.