Mateusz Gibała

– There is a lot of gas on the market. LNG has finally become competitive. We are combining the political effect with business. The gas that is imported to Poland is not political, just like gas from Russia. Moscow uses this product as an instrument of blackmail against others, including Poland – said the Polish […]

What goes on in Poland on the 27th of December.

Today, the Tribunal at the Arbitration Institute of the Stockholm Chamber of Commerce has completely rejected Gazprom take-or-pay claims to Naftogaz amounting to USD 56 billion for 2009-2017.

The explosion of gas hub installation in Austria forced Italy, dependent on its gas, to implement crisis mechanisms. This is a test of the revised EU regulation on security of supply (SoS). It also shows what Poland can expect if Europe allows for Nord Stream 2 – says Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.

Poland is negotiating the provisions of the winter package. It accepts proposals from Brussels as balanced and declares its readiness to abandon investments in new coal blocks after 2025. However, it criticizes France’s radical proposals.

What goes on in Poland on the 21st of December.

Poland is considering the construction of the first nuclear power plant. So far, however, no decision has been made to implement this project. In an interview with BiznesAlert.pl, deputy minister of energy Andrzej Piotrowski argued that our country is getting closer to taking it. When asked about the possibility of using Russian technology, he stated […]

Naftogaz released unaudited consolidated financial statements as at and for the nine months ended 30 September 2017. The document is available under this link. The Group posted a net profit of UAH 27.1 bln (approximately US$ 1.0 bln) for the 9 months of 2017. This is a 15% increase over the same period of 2016, […]

– The Polish LNG terminal will be expanded with a third tank and new functionalities. Should the Baltic Pipe fail, a floating LNG terminal will be built. These projects that make up the Northern Gate are a threat to the position of the current dominator in the region, Gazprom, who already admits it. In the […]

What goes on in Poland on the 18th of December.