Too many cooks spoiling EuroPolGaz's pipeline plans?
Two Russian board members, Yuriy Kalhuzskiy and Evgeniy Vasilkov, have just taken the president of the Energy Regulatory Office (URE) to the Voivodship Administration Court in Warsaw, saying he failed to examine a company application within statutory time. On January 27 this year, Kalhuzskiy and Vasilkov applied to URE for recognition of the Polish section of the Yamal-Western Europe pipeline as a new infrastructure under energy law, which would allow the company to avoid submitting gas tariffs to URE for approval. The application was signed by two members of the board yet on February 6, two Polish members of the board, Jerzy Tabaka and Michal Kwiatkowski, submitted a letter to the URE asking it not to consider the application. Three days later the Russian members sent another letter asking URE to consider the application. The President of URE decided not to consider any application citing company confusion on the issue prompting Kalhuzskiy and Vasilkov to sue. "The situation is unheard of. All persons concerned are members of the board and may represent the company, yet The President of URE acted correctly," ruled the court. EuroPolGaz is owned by Polish Oil and Gas (48%), Russian Gazprom (48%) and Gas-Trading (4%). (Puls Biznesu, p.9)