Poland: Gas company files lawsuit against Russia’s Gazprom

Poland’s largest gas distributor has filed a lawsuit against Russia’s Gazprom. Polskie Górnictwo Naftowe i Gazownictwo said the Stockholm Arbitration Tribunal is examining their case.

The company added that despite submitting the complaint, further trade negotiations and an amicable settlement with the Russian supplier have not been ruled out.

Gazprom is looking to alter the terms of a long-term contract from 1996, news source Lenta.ru reported Wednesday. The decision was made due to quote ‘significant changes that have taken place in the European energy market in recent years”.

Gazprom has faced a number of disputes in recent weeks. Ukraine began an antitrust investigation against the company this week, after Prime Minister Arseniy Yatsenyuk claimed that the Russian gas giant was damaging Ukraine’s economy.

Last month, the EU charged Gazprom with overcharging buyers in Eastern Europe and hindering cross-border competition. Speaking then, the EU competition chief said “Gazprom has been able to charge higher prices in some countries without fearing that gas would flow in from other countries (or) from resellers where the prices were lower”.

Full content: RT

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