The Minister introduced the mandatory management of a Russian company subject to sanctions.  It's about energy security

MRiT reports that Novatek Green Energy is in connection with entry on April 25 this year. On the list of penalties for work.

It sold liquefied petroleum gas (LPG) and liquefied natural gas (LNG). Polska Spółka Gazownictwa (PSG) was temporarily and to a certain extent obligated to provide services on company-owned networks by the Prime Minister’s decision of April 29 this year.”

– You have decided to present an interim board of directors to Novatek Green Energy. Thus, the energy security of more than 900 end customers will be maintained almost throughout Poland. There will also be, among other things, the ability to connect the company’s customers to its network has been restored. This is especially important in light of the upcoming winter season and in the face of the energy crisis we are facing, caused by Russia’s aggression against Ukraine and Russia’s energy blackmail.

– says Minister of Development and Technology Waldemar Boda.

PSG, using Novatek GE’s infrastructure, provides fuel gas to more than 900 end customers in 17 municipalities, as well as 39 facilities that supply directly to business customers.

Among the advantages of this decision, the Ministry mentions “the possibility of independent operation of Novatek Green Energy, including the resumption of the implementation of all existing contracts, the preservation of jobs in the company, the possibility of contacting network beneficiaries who have technical conditions or concluded communication agreements, and because of the situation, no Related investments can be continued.”

The mandatory administration designation results from the legal regulations regarding the sanctions list. The MRiT may provide such management to a sanctioned company, including when it is needed to ensure the operation of the enterprise “due to the need to maintain premises, provide services to the public or perform other tasks of a public nature” and when it comes to the economic interest of the state.


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