What goes on in Poland on the 27th of December.
Naftogaz wins the gas sales arbitration case against Gazprom on all issues in dispute
Today, the Tribunal at the Arbitration Institute of the Stockholm Chamber of Commerce has completely rejected Gazprom take-or-pay claims to Naftogaz amounting to USD 56 billion for 2009-2017.
Did PGNiG send a package of LNG to Ukraine before Christmas?
Christmas is coming. Did PGNiG send a package of LNG to Ukraine on this occasion? If so, the arrangement was business and not charity. Gas cooperation between Poland and Ukraine has recently encountered an obstacle – writes Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.
Emergency in Italy. Poland will suffer the same because of Nord Stream 2
The explosion of gas hub installation in Austria forced Italy, dependent on its gas, to implement crisis mechanisms. This is a test of the revised EU regulation on security of supply (SoS). It also shows what Poland can expect if Europe allows for Nord Stream 2 – says Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.
Poland is negotiating the winter package. It declares the end of investment in coal after 2025
Poland is negotiating the provisions of the winter package. It accepts proposals from Brussels as balanced and declares its readiness to abandon investments in new coal blocks after 2025. However, it criticizes France’s radical proposals.
Is Poland’s deal with Germany about Nord Stream 2 worth the effort?
In the first weeks of December, speculations about the proposals of the Poland-Germany agreement appeared in the media, which would end the dispute over the controversial Nord Stream 2 project – writes Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.
Polish Briefing: EU grant agreement for the Poland-Slovakia gas interconnection
What goes on in Poland on the 21st of December.
Piotrowski: Atom yes, but not from Putin’s Russia
Poland is considering the construction of the first nuclear power plant. So far, however, no decision has been made to implement this project. In an interview with BiznesAlert.pl, deputy minister of energy Andrzej Piotrowski argued that our country is getting closer to taking it. When asked about the possibility of using Russian technology, he stated that it is a ‘political problem’.
Piechociński: The capacity market is underdeveloped
Last week, the Sejm adopted the Power Market Act, which is intended to act as an additional remuneration for state energy companies, for readiness to provide net available capacity in periods of tight power balance. In an interview with BiznesAlert.pl, former deputy prime minister and minister of economy, Janusz Piechociński, said that the bill voted in the parliament is underdeveloped.
Naftogaz reached $ 1.0 bln net profit
Naftogaz released unaudited consolidated financial statements as at and for the nine months ended 30 September 2017. The document is available under this link. The Group posted a net profit of UAH 27.1 bln (approximately US$ 1.0 bln) for the 9 months of 2017. This is a 15% increase over the same period of 2016, mainly due to increased gas transit volumes. A detailed review of the 9M 2017 results is available here.