Strona główna Blog Strona 141

PGNiG terminates Port Arthur LNG agreement

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Polish Oil and Gas Company (PGNiG) decided to terminate the SPA with Port Arthur LNG. The companies continue cooperation in order to shift the contracted volumes to other liquefaction projects from Sempra LNG’s portfolio.

PGNiG to purchase more LNG from Venture Global LNG

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PGNiG signed agreements with Venture Global Calcasieu Pass, LLC and Venture Global Plaquemines, LLC to purchase another 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) for 20 years. As a result, the volume of LNG contracted from Venture Global LNG by PGNiG is to increase to 5,5 Mtpa.

Concocting a story about how Poland didn’t want in on a Russian pipe

The dispute over Nord Stream 2 has become so important, that various outlets are now building a narrative according to which Poland did not want a Russian gas pipeline on its territory, so it’s her fault that the pipe now goes directly to Germany. That is completely false. We must reiterate the facts to show how Gazprom is manipulating the public opinion in Europe – Wojciech Jakóbik, editor in chief at BiznesAlert.pl, writes.

EUGAL, or the game over Nord Stream 2 is still on (ANALYSIS)

Even though the US-German deal on Nord Stream 2 is not final, in case the contentious pipeline is completed, Poland will still be able to prevent the gas from flowing for a long time – writes Wojciech Jakóbik, editor in chief at BiznesAlert.pl.

CEPA: NATO needs a thermometer

Climate change is rapidly changing the military environment and requires NATO to rethink its operational approach. The Arctic is a keystone of Russia’s nuclear deterrence. Nuclear submarines are an element of Russia’s nuclear triad and ensure its second-strike capabilities. For decades, the ice of the Arctic was the second home of submarines belonging to the Northern Sea fleet. Moving quietly under the ice, they would play hide and seek with NATO vessels trailing them. The rules of this game were known to all for decades. But the growing effect of climate change means the rules will change as the ice retreats – writes Julian Wieczorkiewicz for the Center for European Policy Analysis (CEPA).

Assenova: US-Germany Nord Stream 2 agreement is a victory for Russia

The announcement, on Wednesday, July 21, of the agreement between the United States and Germany allowing for the completion of Nord Stream Two natural gas pipeline project comes at a time when Russia is undertaking a full-scale effort to manipulate the European gas market, deplete European gas storages and send prices skyrocketing. Natural gas prices have spiked to $10.30 per million British thermal units (MMBtu), reaching their highest levels in 13 years—when liquefied natural gas (LNG) availability in Europe was still limited (Ycharts.com, July 21). Gas spot prices at the Dutch Title Transfer Facility rapidly increased to $451 per million cubic meters in July (Interfax, July 9) – writes Margarita Assenova for the Jamestown Foundation.

Sawicki: European Commission wants to make offshore projects more international to achieve climate neutrality

Last week the European Commission presented the Fit For 55 package that is to help the European Union to achieve climate neutrality by 2050. The Commission proposed to increase the participation of renewable energy sources in energy generation to 40 percent by 2030. One of the key factors that is to significantly contribute to the achievement of this goal is offshore wind that is included in the revised RES regulation. The Commission suggested a few solutions that are to speed up the growth of offshore wind in Europe – writes Bartłomiej Sawicki, editor at BiznesAlert.pl.