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EuRoPol GAZ Transit Gas Pipeline System was incorporated as a joint stock company on September 23, 1993
following a long preparatory period.
In May 1992,
Polish President, Lech Wałęsa and Russian President, Boris Yeltsin signed a "Treaty Between the Republic of Poland and the Russian Federation on Friendly and Neighbourly Co-opreation", which stated that "the Parties will co-operate towards the development of mutual and transit transport links and the related infrastructure with respect to all types of transport, including pipeline links and power lines".
In April 1993
the Council of Ministers appointed an inter-departmental working group to assess the conditions for the construction of a Russia-Western Europe transit gas pipeline. The group consisted of management representatives of the Council of Ministers Office, and the ministries of: Trade and Industry, Foreign Affairs, Finance, Foreign Economic Co-operation, as well as Bank Handlowy and PGNiG (the Polish Oil and Gas Company).
On 25 August, 1993 -
in the presence of presidents Lech Wałęsa and Boris Yeltsin, the governments of Poland and Russia signed the "Agreement between the Government of the Republic of Poland and the Government of the Russian Federation on the Construction of a Gas Pipeline System for the Transit of Russian Gas Through the Territory of the Republic of Poland and Supplies of Russian Gas to the Republic of Poland".
On 15 December, 1993,
EuRoPol GAZ S.A. was entered into the Commercial Register of the Regional Court for the Capital City of Warsaw under No. 38963 with a start-up capital of PLN 80 million.
In December 1994,
the Energy Charter Treaty was signed in Lisbon, which marked an extremely significant development on the global fuels and energy market. The Parties to the Charter, including Poland, commit to ensure the development of transit infrastructure, facilitate the transit of fuel and energy inputs through their territories, create stable, equal and favourable terms for investments in energy and to make efforts to remove all constraints on such projects.
In 1994,
the European Union included the Yamal-Europe pipeline as a priority project implemented in the framework of Trans-European Networks.
On 18 February, 1995, the Governments of the Polish Republic and the Russian Federation signed a protocol which formed an integral part of the Agreement of August 1993 and which set out the detailed responsibilities of the parties and the deadlines for the implementation of the transit gas pipeline through Polish territory. In accordance with the signed Protocol, the Polish party assumed responsibility for the establishment of conditions for the transportation of natural gas to Western Europe and Poland through a newly constructed transit gas pipeline system in Poland in such quantities and within such deadlines as were set out in the schedule.
On 18 August, 1995, the Council of Ministers approved the above Protocol.
In October 1995, the Council of Ministers adopted a government paper "Poland's Energy Policy Goals Until 2010" together with an appendix describing "The Current and Projected Demand for Energy in Poland Against the Background of the European Union and the World".
According to the document, one of Poland's key long term energy policy objectives with respect to natural gas will be to increase supplies from Russia under long-term contracts primarily by constructing a new gas pipeline from Russia to Western Europe through Poland.
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