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Poland to seize its share of Gazprom assets, daily reports

Poland will take over Polish assets of Russia’s Gazprom, the “Rzeczpospolita” daily reported on Monday.

In September, Warsaw imposed sanctions on the Russian gas giant and declared its assets would be frozen.

Russia at the same time halted gas exports to Poland after Warsaw refused to pay in roubles.

According to the daily newspaper, the move concerns Gazprom’s 48 percent stake in EuRoPol GAZ, the company that owns the Polish section of the Yamal pipeline.

Ensuring security of critical infrastructure
“The establishment of receivership at PAO Gazprom [shareholder in EuRoPol GAZ] is necessary for the proper functioning of EuRoPol Gaz, including avoiding decision-making paralysis at the company and ensuring the security of critical infrastructure for gas transportation”, Polish Development and Technology Minister Waldemar Buda explained to the Polish Press Agency (PAP).

He clarified that the temporary receivership covers all the shares of PAO Gazprom in the company EuRoPol Gaz Transit Pipeline System S.A.

“The security of critical infrastructure will thus be ensured,” Mr Buda assured.

In April, Poland imposed sanctions on 50 Russian oligarchs and companies, including Gazprom, in a move to increase pressure on Moscow over its invasion of Ukraine. Simultaneously, Russia halted gas exports to Poland when Warsaw refused to pay in roubles.


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