Business Fuel & Energy Paid
Polish minister orders takeover of Gazprom's shares in Europol Gaz
12:54
The Polish Minister of Development and Technology (MRiT) on Friday gave immediate effect to a decision to take over all of Gazprom's shares in the Europol Gaz company by that company. According to the decision published by the MRiT, the compensation for the acquired shares will be PLN 787 million.
Europol Gaz is the owner of the Polish section of the Yamal-Europe gas pipeline. Until now, Gazprom had a 48 percent stake in the company, while 52 percent was controlled by Orlen.
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