Poland's PGNiG calls for Gazprom to be fined over market practices

Polish incumbent PGNiG has called on the European Commission to fine Gazprom over illegal practices on European gas markets.
By Staff reporter 18 May 2017 0 25962

Polish incumbent PGNiG has called on the European Commission to fine Gazprom over illegal practices on European gas markets, the company said on Thursday.

The financial penalties would be in addition to a number of preventive measures proposed by PGNiG, the company said, including reducing mandatory gas deliveries under take-or-pay clauses to a maximum of 75% for customers in Central and Eastern Europe.

At a press conference on Thursday, PGNiG Chief Executive Piotr Woźniak would not give a figure regarding the proposed financial penalties.

"This approach [fines] will...

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up