12 May 2022 16:04

Gazprom confirms Russian sanctions prohibit use of Yamal-Europe pipeline capacities

MOSCOW. May 12 (Interfax) - The Russian sanctions against EuRoPol GAZ mean that Gazprom is barred from using this pipeline's capacity.

"In accordance with the decree No.252 from the Russian president from May 3, 2022 and government decree No.851 from May 11, 2022, sanctions were introduced against a number of foreign companies. Among them is the company EuRoPol GAZ, which is the owner of the Polish section of the Yamal-Europe pipeline," Gazprom's official spokesperson Sergey Kurprianov said.

"There is a ban on transactions and payments in favor of persons under sanctions, in particular, for Gazprom this means a ban on the use of the EuRoPol GAZ-owned pipeline to transport Russian gas through Poland," he said.

Kuprianov said that "previously, the Polish side repeatedly violated the rights of PJSC Gazprom as a shareholder of EuRoPol GAZ, and on April 26, 2022 put it on the sanctions list, blocking the company from exercising rights on shares and other securities of EuRoPol GAZ, and receiving dividends.