After recent elections in Iran, President Hassan Rouhani has secured power. His re-election means Iran will continue the policy of breaking out of its economic isolation and luring Western investment, especially in oil and gas exploration and production. On the other hand, Iran’s actions and the tensions with the U.S. increase investment risk, which must be considered by European companies, including Polish ones – writes Bartosz Bieliszczuk, analyst at the Polish Institute for Foreign Affairs.
Jakóbik: Szyszko’s blocking the atom. Tech teams waiting for a signal
The Minister of Energy admitted that even though he himself was for nuclear energy, the government still lacked full agreement on the subject. This is caused by the opposition from the Environment Minister, writes Wojciech Jakóbik, editor in chief at BiznesAlert.pl
Gaz-System started exploratory works for a new gas storage facility in Damasławek
Gaz-System will verify whether a construction of a new gas storage facility in the Damasławek salt dome in the kujawsko-pomorskie voivodeship is possible. On Thursday the company started the drilling.
Government argues over amendment to RES act
As part of the discussion on the Act on renewable energy sources (RES act), the Ministry of Economic Development (MR) offered its position on the proposed changes, which it believes may stop the development of the offshore wind energy sector. Additionally, the Ministry of Infrastructure and Construction (MIB) thinks that the so-called 'proximity’ act, which pertains to investments in wind farms does not require changes as part of the works on the amendment to the RES Act.
Polish Briefing: Talks on security of gas delivery via Ukraine to take place in autumn
What goes on in Poland on the 10th of August.
Energa ahead of construction schedule of the Ostrołęka power plant (coverage)
Energa boasted about its good financial results in the first half of the year. It also reported the expansion of the power plant in Ostrołęka was ahead of schedule. The company did not believe additional changes to the green certificate market were necessary.
Polish Briefing: Pole in charge of Ukraine’s gas pipelines. New LNG delivery contracts next year
What goes on in Poland on the 9th of August.
Morawiecki: PKN Orlen is restoring Mažeikiai’s profitability
Lithuanians made the Mažeikiai oil refinery bought by Orlen unprofitable for many years, assessed on Monday Vice-Prime Minister Mateusz Morawiecki. He added that it was still „in a very bad shape”, but Orlen’s managers were „restoring its profitability.”
Jakóbik: Japan’s atomic flirt with Poland a chance for a stable relationship
At 8:16 am on 6 August 1945 the Little Boy nuclear bomb was dropped on Hiroshima. The death of almost 80 thousand people allowed to end the Second World War. Today modern and friendly Japan wants to export nuclear technology. Perhaps this is why it organized a trip for Polish journalists, writes Wojciech Jakóbik editor in chief of BiznesAlert.pl.