Russians are arguing that even the unconfirmed news about Nord Stream 2 being launched has caused the gas price to drop, so they are agitating for starting the pipe in the fall irregardless of the existing obstacles. The gas prices did indeed flinch because of this rumor, but hydrocarbons prices have been dropping longer and stronger due to a different factor – the persisting fears about the coronavirus. On the bright side, it looks like the prices at gas stations will dip – writes Wojciech Jakóbik, editor in chief at BiznesAlert.pl.
Gazprom – a thug in Europe’s gas storage facilities
Gazprom, apart from limiting gas transit to Europe via its export gas pipelines, is also persistently emptying the European gas storage facilities under its control. This is leading to historically high gas prices on the European market, and is a harbinger of a crisis in the coming heating season – Mariusz Marszałkowski, editor at BiznesAlert.pl, warns.
Polish Briefing: Another round of negotiations on Turów has ended | Tusk: Climate and environmental protection issues should be on the national agenda
What goes on in Poland on the 20th of August.
A trillion dollars is sitting under Afghanistan. Who will dig it out?
It was the Soviets who first discovered the abundance of raw materials under Afghanistan. The rare earth minerals (REMs, also REEs – elements) necessary for the energy transition have been the source of tales about a trillion dollars that could bankroll the reconstruction of the country. However, the longterm destabilization and power play between empires kept the buried treasure untouched, waiting for someone to dig it out – Wojciech Jakóbik, editor in chief at BiznesAlert.pl.
Polish Briefing: The tenth round of talks between Poland and Czechia the Turów Mine took off | Sanation in Sierra Gorda and news from KGHM on the nuclear and hydrogen in September
What goes on in Poland on the 19th of August.
Makogon: Poland and Ukraine can ensure energy security to NATO’s Eastern flank despite Nord Stream 2
– Thanks to access to the Trans-Balkan gas pipeline, Poland and Ukraine can create a powerful North-South gas corridor that will ensure energy security for the entire South-Eastern Europe, i.e. NATO’s Eastern flank, says Serhiy Makogon, president of OGTSUA, the operator of gas transmission pipelines in Ukraine.
Huawei’s nightmare continues because of US sanctions
Already in January it could be expected that this won’t be an easy year for Huawei. At that time the Chinese telecoms tycoon was facing antipathy in Europe and the United States, which today has negative impact on its results – writes Jędrzej Stachura, editor at BiznesAlert.pl.
Polish Briefing: Record prices drive up the results of KGHM | NIK points at the difficulties for RES
What goes on in Poland on the 18th of August.
Anglo-Saxons took a sectoral hit at Lukashenko
Great Britain, the US and Canada introduced their own sectoral sanctions against the regime in Belarus. Which of those will hurt Lukashenko the most? – asks Mariusz Marszłkowski, editor at BiznesAlert.pl.