Polish Briefing 26 January, 2018 9:00 am   
Editorial staff

Polish Briefing: Morawiecki talked with prime ministers of Norway and Denmark about Baltic Pipe

What goes on in Poland on the 26th of January.

Morawiecki talked with prime ministers of Norway and Denmark about Baltic Pipe

During the World Economic Forum in Davos, prime minister Mateusz Morawiecki met prime ministers of Norway and Denmark. One of main topics of the meeting was cooperation in energy sector, including realization of Baltic Pipe project.

– Situtation of Poles in Norway and energy cooperation were main topics of Morawiecki’s talk with PM Erna Solberg. They also talked about using Polish concessions on Norwegian shelf, PGNiG’s presence in Norway and Baltic Pipe project.

During the meeting, PMs stressed the role of NATO in ensuring security in this part of Europe.

Morawiecki also met the Danish PM Løkke Rasmussen. It was an opportunity to talk about progress in realization of the Baltic Pipe project. Prime ministers talked about the role of the pipeline for Central European energy market and the role of gas for security in the region. Baltic Pipe pipeline is a strategic infrastructure project that is supposed to connect Polish and Danish transmission system with Norwegian. Thanks to this investment, a new supply corridor will appear on European market.

Mažeikai refinery is profitable, but could have been overtaken by competitors. New law threatens investments

Topic of the Mažeikai refinery came up during results conference of PKN Orlen.

– It has been profitable for three years. So far, with this demand, we see perspective for Mažeikai. For those who try to say that Mažeikai was a mistaken investment I would like to remind what could have happened if it was overtaken by competition – rated CEO of PKN Orlen Wojciech Jasiński.

Russian Rosneft was also interested in purchasing the Mažeikai refinery.

Orlen’s management board also referred to new Lithuanian law, that will give Vilnius insight to biggest companies’ investments. – It is hard to be satisfied with it. It may make investments harder. These are potential benefits, but the law has just been accepted. Our approach is calm, we hope that there will be conditions for further investments – said Jasiński.