Gazprom pays lip service to URE energy tariffs

to the Russian Gazprom Bank before the maturity of its debt in 2019. The company would like to pay off some of the debt and replace the remaining credit with something more favorable. Currently EuRoPol has Zloty 700 million in cash to throw towards debt reduction. To date the company has had problems with Gazprom paying smaller tariffs than determined by the domestic Energy Market Regulation Office (URE), attracting losses of US$20 million in 2006. The issue remains unresolved as the company's supervisory board cannot gather to discuss this issue due to its chairman being appointed by the Russians, and they have been reluctant to choose a chairman for some time now. (Parkiet, S. 9)