The Polish gas company PGNiG starting in 2014, annually overpaid approximately $256 million long-term contract with «Gazprom», said the General Director of PGNiG Piotr Wozniak

Stiopa / wikipedia.org

Earlier, PGNiG has transferred «to Gazprom» a statement of intent not to renew the contract for the purchase of natural gas

Moscow-Live.ru / Akishin Vyacheslav

The Polish gas company PGNiG starting in 2014, annually overpaid approximately $256 million long-term contract with «Gazprom», said the General Director of PGNiG Piotr Wozniak in an interview with Polish television TVP Info.

The Polish party intends to return the «overpayment» for the whole of the period under arbitration. Decision on PGNiG is waiting for him by the beginning of 2020. In addition, the company offers from Gazprom reduce prices for gas in accordance with the current contract, which expires in 2022. Wozniak explained that the Polish company wants to reduce gas prices for its customers, reducing the discount received from Gazprom money. «It means a cheaper price for gas for the next three years when the contract with «Gazprom» will act,» said Wozniak.

Earlier, PGNiG has transferred «to Gazprom» a statement of intent not to renew the contract for the purchase of natural gas. The current contract expires on 31 December 2022. The company argued that the American raw material costs are significantly cheaper than the Russian.

The Polish authorities several years ago stated that the country seeks to find a replacement for the gas supplies from Russia until 2022. Among the possible alternatives — the increase in buying Poland liquefied natural gas, which while in small amounts comes into the country from Qatar and the United States and regasified on the LNG terminal in świnoujście. Another possibility is the construction of a gas pipeline, Baltic Pipe, which the project would connect Poland with the Norwegian shelf. PGNiG already several years actively acquires field in the North sea.

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