Mateusz Gibała

The new members of the European Parliament and European Commission who start their mandates in 2019 should put in place major policy elements to unleash the energy transition. It is becoming economically and technically feasible, with most of the necessary technologies now available and technology costs declining. The cost of the transition would be similar […]

What goes on in Poland on the 8th of August.

In the second quarter of 2019, PKN ORLEN earned LIFO-based EBITDA of PLN 2.7bn, an increase of more than PLN 600m y/y. Earnings improved despite a more challenging macroeconomic environment, affected chiefly by the declining Brent/Urals differential (down by USD 1.7/bbl y/y). The Group’s LIFO-based EBITDA was driven mainly by robust performance in Downstream and […]

Russia’s largest private natural gas extractor and liquefied natural gas (LNG) producer Novatek has entrusted a new subcontractor with building gas liquefaction facilities for Arctic LNG 2, its second LNG project to be developed in the Arctic. The Russian company inked a $7.6 billion deal with TechnipFMC, a global leader in subsea, onshore/offshore, and surface […]

At the Civic Coalition Program Forum held recently in Warsaw, the prominent Civic Platform Member of European Parliament (MEP) on one of the panels stated that „It is too late for the nuclear in Poland. Energy from the nuclear for 10-12 years is too distant perspective”. Well, I can ask a question for whom this […]

What goes on in Poland on the 7th of August.

On July 19, 2019, the Voivode of the Kujawsko – Pomorskie province issued a decision on determining the location for the construction of the Gustorzyn Gas Compressor Station, together with the infrastructure necessary for its operation, in the area of Gustorzyn, in the commune of Brześć Kujawski. The gas compression station in Gustorzyn is an […]

The protests in Tbilisi which have been ongoing since 20 June have revealed the potential for discontent in Georgian society; the public has been disillusioned by the country’s bad economic and social situation (high unemployment, rising prices, and the weakening of the national currency), and the broken promises of the Georgian Dream-Democratic Georgia (GD) party, […]

The first cargo of liquified natural gas under the long-term contract between PGNiG and US LNG provider Cheniere Energy arrived today at the President Lech Kaczyński LNG Terminal in Świnoujście. The long-term contract, which was signed in November of 2018, will total approximately 39 bcm of natural gas over the 24 year period of the […]

A row over the reasons for the Druzhba pipeline contamination crisis gave rise to an open conflict between Russia’s biggest crude producer and the country’s oil pipeline monopoly. But what was initially seen as nothing more than just leveling mutual accusations has gone beyond a typical business quarrel between two large firms. This might eventually […]