Gazprom puts a brave face in Ukraine

The Russians are working to undermine the credibility of Ukraine as a reliable gas partner despite the failure of the Stockholm arbitration tribunal. This time, they reach for mathematics to use it for manipulation. Once again, Russian calculators count differently than European ones – writes Piotr Stępiński, editor of BiznesAlert.pl.

PISM: Gazprom is playing for Nord Stream 2 in Ukraine

After an unfavourable verdict from a Stockholm arbitration court in its dispute with Naftogaz, Gazprom has unilaterally refused to deliver gas to Ukraine that should have started in March. With the politically motivated decision, the Russian company is trying to hit Ukraine during the severe cold of winter with the hope of undermining its reputation […]

Will the merger of PKN Orlen and Lotos accelerate diversification?

According to BiznesAlert.pl, even the Germans bring oil from outside of Russia via the Gdańsk oil terminal today. Although the Russian blend of REBCO will still be needed by refiners for technological reasons, diversification is progressing. Grupa Lotos reports that 40 percent of deliveries in the first quarter of 2018 came from outside of Russia. […]

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