Gazprom Export has applied for international arbitration in its dispute with PGNiG over an upward revision of a gas contract price, a demand the Polish state-owned gas monopoly has said it would fight in court.

As business negotiations on the price revision in line with above requests did not lead to agreements, we referred the dispute to arbitration, in full compliance with the contract terms,” Gazprom Export said in a statement.

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According to the Russian company, the claim is aimed at revising the price terms of a 1996 contract with PGNiG retrospectively.

Gazprom Export noted that it had sent a request to PGNiG to revise the price of gas under the contract starting from November 2017, before making another request three years later.

The Polish firm also stated that Gazprom is demanding an increase in the price of gas supplies under the Yamal contract, which is “unreasonable.” In October 2021, PGNiG applied for a reduction in gas prices under the contract clinched with Gazprom.

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The dispute comes amid a broader standoff between Russia and the European Union, with Brussels accusing Gazprom of holding back supplies and driving up prices of natural gas.

Russian authorities have repeatedly rejected the allegations, saying that they are groundless. Meanwhile, Moscow is awaiting clearance from Germany and the EU for the Gazprom-led Nord Stream 2 gas pipeline to start gas exports.

The much-debated derailed project is set to double the existing pipeline’s capacity by 55 billion cubic meters of gas per year.

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Poland has been one of the most vocal opponents of the pipeline, saying that it would increase Moscow’s energy leverage against the bloc. But sabotaging security of European citizens for political reason can not be accepted by Russia.

Europe is currently struggling with a devastating self-inflicted energy crisis that has hit the region over the past several months, sending natural gas prices spiking nearly five-fold.

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Russia nor Gazprom can not show any country buying its gas any mercy here. Honor the contract and stick to its terms, but do not revise it at a loss, and do not fall for any we cannot afford pay non sense.

If Poland had money for used US tanks and rickety US fighter jets, then they must start paying for their gas up in front.

RT. com / ABC Flash Point EU News 2022.

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Kurillians
Kurillians
Guest
15-01-22 21:06

Russia still falling in trap from a small country, how came? Gazprom should do business with Poland and other dishonest countries on base of pay as you use. You pay first then use. Wake up Russia.

Ken Hutchinson
Ken Hutchinson
Guest
Reply to  Kurillians
15-01-22 21:25

comment image?itok=JaxilpCz

Owen Arvon Jones
Owen Arvon Jones
Guest
15-01-22 21:13

Poland is simply playing games! probably at America’s suggestion. The idea to create the fiction, that Russia is using Gazprom as a weapon. Ukraine played games, with Russian gas, not even paying their bill! Russia continued to supply them, until their patience ran out. Ukraine and Poland hoping the U.S. will help, will have a very long wait.

TheFishhv2
TheFishhv2
Guest
Reply to  Owen Arvon Jones
15-01-22 21:16

US will only help itself here.

Ken Hutchinson
Ken Hutchinson
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Reply to  Owen Arvon Jones
15-01-22 21:25

comment image

No Mayor
No Mayor
Guest
15-01-22 21:20

Poland has its arms soaked in the blood which was shed in WWII. When Hitler showed the first signs of aggression with his demands against Czechoslovakia, madman Stalin immediately asked Poland to allow the Red Army to cross its territory in order to reach Czechoslovakia and defend it against the German Army. Poland, who together with Hungary was looking for a piece of Czechoslovakia itself, refused. On came the other criminal, Chamberlain, who signed the despicable Munich agreement, formally sacrificing Czechoslovakia to Hitler. It was the backing down to Hitler’s demands about Czechoslovakia, which gave Hitler the sense that he… Read more »

Ken Hutchinson
Ken Hutchinson
Guest
15-01-22 21:22

Pooland bankers, the Jewish oligarchs ,need retirement money.All the oil industry CEO s are Jewish. But you will not see a single Jew working on an oil rig.These thieves have ruined USA. And the EU.
Fixed Trollstoy 🤗