Polish Orlen announced control over a section of the Yamal-Europe gas pipeline
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Poland’s state oil company Orlen announced an agreement under which it will acquire the Polish section of the Yamal-Europe gas pipeline. The message conveys Reuters. Under the terms of the deal, as Orlen reported, Europol Gaz, which controls the gas pipeline, will buy out the 48% stake owned by Gazprom.
TASS With reference to a statement, Orlen reports that on October 9, the Office for Competition and Consumer Protection issued consent to such an agreement after an antitrust investigation.
Europol Gaz is a joint venture between Orlen and Gazprom (each has 48%). The length of the Polish section of the Yamal-Europe pipeline is 684 km. The site is managed by the Polish company Gaz-System.
The decision to withdraw the share of PJSC Gazprom in Europol Gaz accepted Polish Minister of Economic Development and Technology Waldemar Buda at the request of the Internal Security Agency in November. “Yamal-Europe”. It passes through the territory of four countries – Russia, Belarus, Poland and Germany. Gazprom came under Polish sanctions in 2022.
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