Poland announced the cancellation of the Yamal contract with Gazprom in 2022

Moscow-Live.ru / Akishin Vyacheslav

At the end of 2022 Poland will terminate the contract with the Russian energy company Gazprom to supply 10 billion cubic meters of gas annually. It is reported by the Polish state oil and gas company PGNiG.

«PGNiG November 15, 2019 after obtaining the necessary corporate permits was sent to PJSC «Gazprom» and OOO «Gazprom export» Declaration of termination 31 December 2022 of the contract for the purchase and sale of natural gas, signed on 25 September 1996 (the so-called Yamal contract)», — stated in the message of the company, which leads to RBC.

The decision on termination of the contract the company announced in advance, before the actual refusal from Russian gas supplies, in accordance with the terms of the agreement. It implies that the party who makes the decision about the termination of cooperation, shall notify the counterparty within three years.

The President of the management Board of PGNiG Piotr Wozniak explained the decision on the termination of the contract by the desire to diversify gas supplies to Poland. This should ensure the security of energy supply in the country. A replacement for Russian gas should provide liquefied natural gas and gas c Norwegian fields.

The Yamal contract has been extended until 2022 with the possibility of extension. In 2012 «Gazprom» and PGNiG signed an additional agreement to the contract, changing price conditions. PGNiG then pointed out that in the end, the price of Russian gas will decrease by more than 10%. However, later Warsaw began to demand new discounts on gas.

In 2016, PGNiG filed a lawsuit to «Gazprom» and «Gazprom export», demanding again to reduce the cost of gas. In 2018 the Stockholm arbitration has supported the demands of Warsaw and recognized the right of Poland to claim discounts on gas. The court explained that «Gazprom» for many years refused to change the price, and the result supplied from Yamal gas was much more expensive than gas in European markets.

In parallel, the Polish began to reduce the dependence on Russian gas. In 2017 the share of Russian gas on the Polish market accounted for 77%. In 2018 Poland 60% increased imports of liquefied natural gas, thus reducing dependence on gas from Russia at 2%. Then, PGNiG said. that by 2022, when the Yamal contract, the gas in Poland will proceed through the pipeline Baltic Pipe leading from Denmark.

Parliamentarians of the Russian Federation believe that Poland, in spite of all maneuvers, will not disappear from the Russian gas pipe. The first Deputy Chairman of the Duma Committee on energy Valery Seleznev believes that alternative supplies will cost Poland more expensive, and a statement about the breach of contract Warsaw is only trying «to negotiate more favorable terms,» says The Insider.

Colleague Seleznev, first Deputy Chairman of the same Committee Igor Ananskikh, added: «Let us remember that we are now 2019, and 2022, a lot will change everything, not only in the political landscape of Poland and the world. Therefore, to talk about what will happen in 2022, a completely useless and absurd».

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