Celebration as Poland’s Yamal gas plants completed

The cost of the project is estimated at $200 million, while the total cost of the Yamal section in Poland of a total planned capacity of 32.2 billion cubic meters stands at $1 billion. By the end of the year investors will conclude the third plant. Construction of the second line of the gas pipeline will only be commenced after concluding the first investment. The second line would have the capacity of 32.9 billion cubic meters of gas, out of which 11 billion would be designated for Poland. The new project is dependent on examining the execution of the contract between Poland and Russia from 1993. Gazprom demands 50% stake in EuRoPol Gaz, while currently it controls 48% of shares. "There are many options, while talks between PGNiG and Gazprom are conducted," said Yury Kaluzhskiy, deputy president of EuRoPol Gaz. (Puls Biznesu, pp. 1, 6) M.M.