Poland, Russia sign long-delayed gas agreement

AP News
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Posted: Oct 29, 2010 5:14 AM
Poland, Russia sign long-delayed gas agreement

Poland and Russia have signed a long-delayed deal that will increase imports of gas from Russia. The signing comes after the European Union intervened to guarantee other countries access to the pipeline.

The deal was signed Friday in Warsaw by Russia's Deputy Prime Minister Igor Sechin and his Polish counterpart Waldemar Pawlak.

Under the deal, Poland's annual imports of Russian gas will rise from 265 billion cubic feet (7.5 billion cubic meters) to more than 318 billion cubic feet (9 billion cubic meters) from next year through 2022.

The EU intervened to ensure that the Polish stretch of the pipeline will be operated by a Polish state company, Gaz System, independent of the pipeline's owners and assuring access for other countries.