Friday, August 12, 2016

There will be a company to build the Nord Stream 2. Failure in Poland – Wyborcza.biz

“Withdrawal of the application means that it is not possible to create 6 entities of the joint venture, which was to deal with the construction of the Nord Stream gas pipeline 2. This is a red light for the transaction,” – explained in a press UOKiK Marek Niechciał.

Gazprom and its five Western partners withdrew the request when, at the end of July, the OCCP issued objections to the plan of establishing the company, which was to design, finance and build the Baltic Sea pipeline Nord Stream 2 from Russia to Germany, and then exploit the connection. The consortium planned 50 percent. action he was to Gazprom, and 10 per cent. – German companies BASF and Uniper, Austrian OMV, Anglo-Dutch Shell and French Engi.

In practice, western companies have to buy back half of the shares of the Swiss company Nord Stream 2, which currently belongs only to Gazprom. This was the company announced the withdrawal of the application of the OCCP.

monopoly Gazprom fails

“The findings Office show that the concentration may lead to restrictions of competition. at the moment, Gazprom holds a dominant position in the supply of gas to the Polish and the transaction could lead to further strengthening the bargaining power of the company to customers in our country, “- said in late July OCCP the analyzes conducted since end of last year.

Gazprom and its partners have until next week to refer to the objections of the OCCP. Their release does not prejudge yet, whether the Authority will give the green light to the formation of the planned company, or would not agree to it.

A new way to pipe?

In a communication published on the website belonging still only to Gazprom’s Nord Stream 2 is not explained reasons for withdrawing the application of the OCCP. It was found only there, that decision will not affect the plans to build the pipeline. There is no change to the timetable for the investment to be completed Gazprom announced at the end of this decade.

“The decision will affect only the purchase by Western partners of Gazprom shares in an existing project company (…). The future shareholders will continue their close cooperation and joint efforts to strengthen the security of gas supplies to Europe. “

in the announcement sent PAP and agencies Interfax written also, that with the decision to withdraw the application Gazprom and its partners have donated also address the concerns of the Office. In addition, the message sent to the news agencies wrote: “All applicants believe that the project is crucial for the European energy system and therefore each of them will individually take into account alternative ways to bring into it contribution.”

It was not explained how Western companies can contribute to the project, for which the implementation is responsible now only Gazprom.

Gazprom gave another job Schroeder

Currently, a company registered in Switzerland, which is to finance and build a new Baltic Sea gas pipeline from Russia to Germany, has a registered capital of 60 million Swiss francs, divided into 60 thousand. registered shares. The Company manages Matthias Warnig, a friend of Putin, former intelligence officer Stasi, the secret police of the communist Germany.

At the end of July established a supervisory board of the company. Its chairman is Gerhard Schroeder, former Chancellor of Germany. After losing the election in 2005. Schroeder was nominated by Gazprom chairman of the board of the company, which built and operates the first Nord Stream pipeline, laid across the Baltic Sea from Russia to Germany.

The board of the company that build the Nord Stream 2 , along with former German Chancellor sit managers of Gazprom vice president Alexander Medvedev Gazprom and Pavel Odierow, Vitaly Markelov and Oleg Aksiutin.

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