Polish fine of $ 7,6 billion leads Gazprom to bankruptcy


On the eve, the prospects for the Nord Stream 2 gas pipeline have become even more dim. On the birthday of President Vladimir Putin, Warsaw presented him with a kind of "present": Poland's antimonopoly regulator fined Gazprom an unprecedented amount of 6,5 billion euros or $ 7,6 billion. This is slightly less than the total cost of the entire energy project.


The United States and its allies in Europe are systematically laying around the Russian-German gas pipeline from all sides. First, the Americans expelled a Swiss contractor from the construction process by imposing sanctions. Since then, the pipe rests peacefully at the bottom of the sea. Secondly, the Akademik Chersky, driven from the other end of the world, has no right to proceed with its own completion, because international companies are afraid to issue him the insurance he needs for this out of fear of restrictive measures from the United States. Thirdly, Washington is threatening new sanctions against German ports and even local authorities if they allow Gazprom to start construction of the frozen project independently and its subsequent operation.

Warsaw also helps the Americans to the extent possible in the fight against Nord Stream 2. Initially, it was planned to create a company-operator "Nord Stream 2AG", in which five large European energy companies would receive shares of 10% each. This required the consent of all countries where the project participants have business. In particular, Gazprom supplies gas to Poland, but the country's leadership did not give permission, blocking the creation of a joint venture. The leadership of the domestic monopolist did not challenge the refusal in court, since it could take years. Apparently, this was a very big mistake. Another.

The project partners bypassed the restrictions of the Polish regulator in a different way. European companies became not co-owners, but creditors of Nord Stream 2AG. The funds allocated by them to Gazprom, which remains the owner of 100% of the operator's shares, have yet to be returned. And now the Polish regulator UOKiK considered that there was a violation of the law, since the investors de facto became "quasi-shareholders" of the pipeline without the corresponding agreement with Warsaw:

The financing of the joint venture by gas market participants rather than financial institutions proves the existence of common economic interests of all these subjects. Without the participation of these structures, Nord Stream 2 would not have been able to function and implement the project for the construction of a gas pipeline on the territory of the European Union.

Gazprom's lawyers have a different opinion, but as they say: where there are two lawyers, there are three opinions. The trial will first go to a Polish court, where Gazprom's prospects are quite expected. The process can take at least a year. Then he will move to European courts, where the monopolist in recent years also does not shine with victories. Some domestic experts reassure that the French Engie, the German Uniper and Wintershall, the Austrian OMV and the Dutch-British Shell will stand up to Warsaw shoulder to shoulder with Gazprom in court. However, it should be borne in mind that in relation to these five companies, the Poles issued a purely symbolic fine, but in relation to the Russian one - a colossal one. By the way, if the state corporation fails to fulfill the terms of the loan agreement, 50% of the shares of Nord Stream 2AG, which are the subject of the pledge, will become their property. And this is the already built pipeline infrastructure that can be used in the future for other purposes, for example, pumping "green hydrogen", the fuel of the future.

Now, of course, one can frivolously brush aside financial claims from Warsaw. Remember, just recently there was so much irony about the $ 3 billion fine in favor of Ukraine? But in the end, Kiev received every last cent, with all fines and penalties. If Gazprom reserves an amount of $ 7,6 billion on its balance sheet, it would be a very bad sign. If the need to pay that kind of money is added to the direct losses and lost profits from the frozen Nord Stream 2 project, it will be quite serious reason on the prospects for the bankruptcy of Gazprom. It will most likely be expressed in "liberalization" and "restructuring" carried out by dividing the state corporation into several companies that will be subjected to the privatization process.
19 comments
Information
Dear reader, to leave comments on the publication, you must to register.
I have an account? Sign in
  1. Sergey Tokarev Offline Sergey Tokarev
    Sergey Tokarev (Sergey Tokarev) 8 October 2020 11: 17
    0
    sp2 has nothing to do with Poland. so they scored at the Poles in Gazprom.
    1. Igor Pavlovich Offline Igor Pavlovich
      Igor Pavlovich (Igor Pavlovich) 8 October 2020 12: 00
      -1
      Well, in Gazprom, they scored against Ukraine, and then Ukraine screwed up Gazprom ... a rusty nut at a price of $ 4,63 billion ...
      1. Sergey Tokarev Offline Sergey Tokarev
        Sergey Tokarev (Sergey Tokarev) 8 October 2020 14: 38
        0
        a pipe goes through Ukraine, but sp2 does not go through poland.
  2. King3214 Offline King3214
    King3214 (Sergius) 8 October 2020 11: 34
    0
    Can Gazprom stop doing business with Poland?
  3. Goldmitro Offline Goldmitro
    Goldmitro (Dmitriy) 8 October 2020 11: 46
    +5
    Apparently, this was a very big mistake. Another.

    Aren't these Gazprom top managers making too many mistakes, with it is not clear for what merits the cosmic salaries set for themselves? Isn't it time for the authorities to deal with this?
    1. Polente the Wanderer 8 October 2020 12: 28
      0
      Power is Gazprom, Gazprom is power.
  4. Bows Offline Bows
    Bows (Lyudmila Kovalchuk) 8 October 2020 13: 33
    +1
    Yeah, keep your pocket wider, Poland! Now we will run up and pay, and then we will catch up and pay again!
    1. Dmitry S. Offline Dmitry S.
      Dmitry S. (Dmitry Sanin) 12 October 2020 13: 26
      +2
      They are already ahead of the curve: they decide how to take Moscow. Marina Mnishek is looking for a new one - Tikhanovskaya was burnt.
  5. Kuramori Reika Offline Kuramori Reika
    Kuramori Reika (Kuramori Reika) 8 October 2020 15: 19
    +4
    It makes no sense to engage in chicanery, the best argument would be the formation of tank divisions along the border with Poland and the Baltic states. These wretched countries think that chicanery is war, but the sinking of several Polish vessels will be a sobering cool shower on their minds.

    The Russian leadership believed that in Europe the rule of law is a priority, and they can be understood, this was true until the untermensch from the East tried to use the rule of law. But the experience of recent years has shown that for Europeans, articles of laws are an empty space, which means they are no different from street punks, and they are all small sixes. The time has come either to inflict a military defeat on these sixes who have lost their shores, or to withdraw the recognition of the European countries, sever all economic and trade ties with Europe, close the borders and recognize the lands in the West as barbaric territory.
    1. Vladimir Tuzakov (Vladimir Tuzakov) 8 October 2020 15: 53
      +1
      Having lost all lawsuits with strategic miscalculations, the GAZPROM management completely discredited itself. (I remember the successful manager Rogozin and others like them that fail one program after another when they plunder huge funds). So it's time to change the management of state companies, these are not private shops ...
      1. Igor Pavlovich Offline Igor Pavlovich
        Igor Pavlovich (Igor Pavlovich) 8 October 2020 16: 28
        -1
        Digging finely - what a pop, such a parish.
      2. The comment was deleted.
      3. Andrei GM Offline Andrei GM
        Andrei GM (Andrei) 13 October 2020 07: 49
        0
        More details about the programs that Rogozin failed and about the huge funds he stole.
        1. Vladimir Tuzakov (Vladimir Tuzakov) 13 October 2020 11: 35
          0
          Take an interest in the history of the construction of the Vostochny cosmodrome, where, without completing the construction, billions were plundered, dozens of subcontractors under investigation, and the chief responsible Rogozin "in Shekolada" and then manages space programs, "similar in success to" trampolines "...
  6. amateur Offline amateur
    amateur (Victor) 8 October 2020 16: 56
    +5
    The Kostroma District Court should fine Poland 13 billion. euros for the injury in 1613 winter hunting and illegal exploitation as a guide gr. Russia Susanin Ivan. This has the same legal basis as Poland's claim against Gazprom.
  7. GRF Offline GRF
    GRF 8 October 2020 18: 53
    +2
    Why work when you can shake a tribute from the aborigines. Poles can be congratulated, they are very successful in mastering all "civilized" methods of enrichment. Wouldn't overstrain ...
  8. Petr Vladimirovich (Peter) 8 October 2020 20: 12
    +1
    I don’t understand one thing. Why is this fight for currency? We have our own food, mineral extraction tax is paid to the budget, supply it anywhere. Gasify the country, people will only say thank you ...
    1. Pishenkov Offline Pishenkov
      Pishenkov (Alexey) 9 October 2020 13: 19
      +2
      Well, yes ... "Top managers" motivate this by saying that you can't earn so much money inside the country ... But in fact, if you count all the existing fines and international problems from the planned earnings, then you don't know what else more profitable. The managers are not interested in what the people say. But kickbacks from Western partner companies for the concluded contracts - yes. There is no doubt - the West does not press us childishly, but it would not have succeeded without such "management" inside, which has all the property, contributions and interests outside ...
  9. lahudra Offline lahudra
    lahudra (Nikolay Kondrashkin) 8 October 2020 20: 57
    -4
    The trial will take a long time, but Poland's arguments seem reasonable. Gazprom needs to reserve the amount of the claim, it will be profitable for Russia anyway.
  10. Valery Kuznetsov (Valery Kuznetsov) 9 October 2020 08: 14
    +4
    We must always answer in such a way that no one ever even has the idea of ​​playing these games with us. Not "hammered", but to beat and beat painfully and gentry, and the great ukrov and Turks and all other Swedes. Strength has always been respected in the world, it has been, it is and it will be. All the mighty of this world have "hammered" on the norms of international law when it affects their interests. China says there are problems, complaints, "you are welcome," come and see. And, everyone knows how this "look" will end. Sincerely.