Exclusive-Poland's Orlen warned three gas companies it could seize Gazprom payments - sources

exclusive-poland's orlen warned three gas companies it could seize gazprom payments - sources

FILE PHOTO: Poland's largest refiner Orlen (PKN.WA) logo is displayed at their petrol station in Bialystok, Poland, October 2, 2023. REUTERS/Kacper Pempel/File Photo

By Julia Payne and Marek Strzelecki

WARSAW (Reuters) - Poland's biggest energy company Orlen warned gas companies in Hungary, Slovakia and Austria that it could seize their payments for imports from Russia's Gazprom , sources familiar with the matter said.

The warnings, in letters sent over a month ago, are linked to claims for losses Poland incurred after being cut off from Russian supplies in 2022, two sources with knowledge of the letters told Reuters.

Poland was cut off for not paying in roubles as Western nations imposed sanctions on Russia following its invasion of Ukraine.

The warning spurred Budapest to issue a decree in May, one source said, effectively preventing payments by state-owned energy conglomerate MVM CEEnergy to Gazprom from being seized, arguing it would put the country's energy supply at risk.

The European gas market has faced uncertainty over supplies from Russia after Austria's OMV warned last month of the suspension of supplies from Russia's Gazprom following a foreign court ruling, without identifying the case.

Orlen did not immediately respond to a request for comment. OMV declined to comment on the matter.

Slovakia's SPP, which buys gas from Gazprom said on Wednesday that a recent legal change protects it from any potential seizure of its Russian gas imports or related claims.

Last year, Poland's Europol Gaz filed a $1.45 billion claim against Russia's Gazprom for overdue payments and lost revenue from gas transmission services after 2022. Orlen is the sole owner of Europol Gaz, which operates the Polish section of the Yamal gas pipeline linking Russia and Europe.

In 2022, Poland terminated its agreement with Russia to receive Russian gas via the Yamal pipeline. Warsaw earlier rejected a demand to pay for the fuel in roubles and Moscow responded by cutting off supplies.

The development shows a further split inside the European Union over the halt of Russian energy supplies, which have led to tariffs disputes and a decline in industrial productivity.

Details of the Polish ruling were not available and the court was unable to immediately supply the details.

Orlen is claiming over $350 million from MVM CEEnergy as security for what it is owed by Gazprom, a source said, citing a ruling in a Warsaw court.

MVM CEEnergy did not respond to requests for comment.

German utility Uniper earlier this month won a multi-billion euro arbitration in Stockholm against Gazprom allowing it to tear up dormant gas supply contracts and potentially setting a precedent for similar cases.

Europol Gaz's claim against Gazprom has been lodged in the same arbitration tribunal.

(Reporting by Julia Payne in Brussels and Marek Strzelecki in Warsaw; additional reporting by Jan Lopatka in Prague, Boldizsar Gyori in Budapest and Alexandra Schwartz-Goerlich in Vienna; Editing by Nina Chestney and Bernadette Baum)

OTHER NEWS

6 hrs ago

Langkawi is for everyone

6 hrs ago

Data centre sector in Malaysia continues to grow

6 hrs ago

PH candidate Joohari unveils 4-point manifesto for Sungai Bakap

6 hrs ago

Flick confident he can get the best out of Felix at Barca

6 hrs ago

Malay speech at Chinese university’s convocation

6 hrs ago

Dunkaroos No-Churn Ice Cream Is Childhood Relived

7 hrs ago

Reform drops three candidates over offensive comments

7 hrs ago

It's Paul George or bust for the 76ers this offseason

7 hrs ago

Luciano Spalletti finds many reasons for Italy’s defeat at hands of Switzerland

7 hrs ago

Selangor Sultan to grant audience to FAM chief

7 hrs ago

Wizards sign center to new two-year contract after he declines option

7 hrs ago

North Korea blames South Korea, U.S. and Japan ties as Asian version of NATO

7 hrs ago

Knicks not extending qualifying offer to winter trade acquisition

7 hrs ago

AI scams targeting travellers

7 hrs ago

Don’t leave Bajau Laut in limbo as stateless, says Sabah DCM

7 hrs ago

Questions About High Blood Pressure? Harvard Health Publishing Has Answers.

7 hrs ago

Lightning have salary cap space to make big splash in replacing Steven Stamkos

7 hrs ago

Man Utd make enquiry about Switzerland Euro 2024 star - report

8 hrs ago

Takeaways: How Trump's possible VP pick shifted on LGBTQ+ issues as his presidential bid neared

8 hrs ago

BYU freshman wing Egor Demin projected as lottery pick in 2025 NBA Draft

8 hrs ago

At least 12 killed during spate of Russian attacks on Ukraine

8 hrs ago

Who is Jordan Bardella, France’s far-right star eyeing the premiership?

8 hrs ago

Hardliner takes narrow lead in Iranian election

8 hrs ago

4 Things You’ll Regret Doing When Your CD Matures

8 hrs ago

Suns guard who just missed whole season declines player option

8 hrs ago

Miami Heat losing two depth cogs to summer free agency

8 hrs ago

Magic declining team option on Moritz Wagner

8 hrs ago

Grizzlies decline Luke Kennard’s team option, both sides 'eager' to discuss deal

9 hrs ago

I Grew Up Rich: 6 Money Lessons I Learned After I Lost It All

9 hrs ago

Athletics rally late, snap 11-game road losing streak by beating Diamondbacks 9-4

9 hrs ago

Yuki Tsunoda ‘horrified,’ apologizes after fine for offensive language at Austrian GP

9 hrs ago

Mets honor Willie Mays and Jerry Grote with new uniform patches

9 hrs ago

Cubs president discusses trade deadline, team's struggles

9 hrs ago

Isham now challenges Rafizi to debate in Sungai Bakap

9 hrs ago

How Eva Longoria Crafted Her Ideal TV Comeback With 'Land of Women'

9 hrs ago

10 States With the Best Property Tax Incentives in 2024

9 hrs ago

What are rogue planets?

9 hrs ago

Khamenei protege, sole moderate to battle in Iran's presidential run-off

9 hrs ago

How ‘The Sympathizer' Casting Director Crafted a Vietnamese Ensemble Over an ‘Insane and Cathartic' Eight-Month Journey

10 hrs ago

Historic boat show celebrates 20th year