Polenergia, the largest Polish private and vertically integrated energy group, signed a preliminary agreement to dispose of 50 percent of shares of its subsidiaries Polenergia Bałtyk II and Polenergia Bałtyk III implementing the construction of offshore wind farms with the capacity of 1,200 MW. The agreement was concluded with Statoil Group.
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. Will the takeover of Lotos by Orlen accelerate it? – writes Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.
Is the old Gazprom returning? It is threatening Ukraine, but still in check
Gazprom rejects the ruling of the arbitral tribunal in favor of Ukraine and does not execute the agreed supplies. Ukraine reaches for deliveries from Poland. Gazprom announces the termination of all contracts with Naftogaz. Is this a new gas war? Is the old Gazprom returning? Nevertheless, the Russians keep their actions in check, which may allow them to maintain credibility in the announced negotiations – says Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.
Polish Briefing: Gas supplies to Ukraine are stable. Lotos brand will be kept
What goes on in Poland on the 6th of March.
Naftogaz: Russian gas blackmail fails in Ukraine and serves as EU alarm call
Ukraine’s gas transmission system (GTS) was fully functional on the morning of 3 March after emergency measures taken by Ukraine and the country’s European partners helped to cancel out the potentially disastrous effects of a Russian failure to supply prepaid gas.
CEEP: Gas directive will make the market work better
Central Europe Energy Partners (hereinafter as „CEEP”) supports Commission’s Proposal regarding amendment of Directive 2009/73/EC (hereinafter as Gas Directive) aimed at ensuring application of this Directive to gas import infrastructure. We consider legislative initiative from the Commission to be timely and instrumental for both the better functioning of the common EU gas market and advancement towards the Energy Union.
Polish Briefing: The EC is ready for gas negotiations with Russia and Ukraine
What goes on in Poland on the 5th of March.
Naftogaz urgently buys gas from PGNiG after Gazprom’s withdrawal from starting deliveries to Ukraine
Naftogaz and Poland’s PGNiG have signed a contract for urgent gas supplies following the yesterday’s Gazprom’s decision to refuse starting supply of gas to Naftogaz, which happened a day after the announcement of the award of the Stockholm Tribunal.
Vicari: Can US sanctions hit Nord Stream 2?
The Countering America’s Adversaries Through Sanctions Act (CAATSA) bill, passed by the U.S. Congress with full bi-partisan support, and enacted on August 2, 2017, sparked stormy reactions of some EU Member States- notably Germany and Austria-, brought hopes for those opponents of Nord Stream 2 pipeline who had expected for the project to be sanctioned by the United States, and generated a wide range of opinions over the application of sanctions mechanism – writes Madalina Sisu Vicari, editor-in-chief of Vocal Europe.
A hybrid gas war is going on in Ukraine
Gazprom does not recognize the verdict in favor of Ukrainians. It does not supply gas despite the bonds resulting from arbitration. Ukrainian politicians warn that the pressure in gas pipelines on the Dnieper falls. All this takes place under the guise of full-fledged activities – says Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.