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Polish Briefing 6 March, 2018 9:00 am   
COMMENTS: Mateusz Gibała

Polish Briefing: Gas supplies to Ukraine are stable. Lotos brand will be kept

What goes on in Poland on the 6th of March.

Ukraine: Gas supplies are stable thanks to imports from the EU, including Poland

The President of Ukraine Petro Poroshenko declared on Sunday that the situation with gas supplies for his country stabilized thanks to the supplies of this raw material from the EU countries, including Poland. Gazprom’s vice-president Aleksandr Medvedev said on Saturday that the company has begun the procedure of terminating contracts for gas supplies and transmission concluded with Ukrainian Naftohaz. Gazprom has already announced this step on Friday, which was first reported by BiznesAlert.pl.

– The situation with gas supplies is stable. We have enough of it in underground tanks, gas from our own extraction and import. Supplies from Poland, Slovakia and Hungary increased significantly. The deficit has been completely covered – Poroshenko wrote on Twitter.

On Saturday, the head of state reported that in connection with the conflict with Russian Gazprom, Ukraine reduced consumption of this resource by 14 percent, but ensured its transmission to recipients in EU countries.

On Friday, Gazprom announced that it is commencing proceedings before the Arbitration Tribunal in Stockholm, the purpose of which is to terminate agreements with Ukraine regarding the transit of gas to European countries. On Thursday, the Russian giant refused to deliver blue fuel to Ukraine.

Naimski confirms: Lotos brand will be kept

During a visit to the #RZECZoBIZNESIE program, the government plenipotentiary for strategic energy infrastructure Piotr Naimski confirmed BiznesAlert.pl’s information that despite the merger of PKN Orlen with Grupa Lotos, the brand of gas stations of the latter company will be maintained.

The reason may be antitrust law requirements. The transaction of merging two companies, despite the fact that their gas stations are responsible for less than 40 percent of the market, the European Commission must approve it.

In a conversation with #RZECZoBIZNESIE newspaper Rzeczpospolita, Minister Naimski assured that the Lotos brand will remain on the market. – Lotos as a brand will be preserved. The position of Lotos in Pomerania will not decrease, the refinery will work – he said.

According to BiznesAlert.pl information, the Gdańsk Refinery is to maintain its autonomy guaranteeing the maintenance of inflows to regional budgets from CIT, PIT and property taxes. There are also no plans to consolidate the brands of petrol stations, so we will be able to refuel at red and yellow stations with Orlen and Lotos brands.