Polish Briefing 2 November, 2017 9:00 am   
COMMENTS: Mateusz Gibała

Polish Briefing: The market is waiting for Baltic Pipe. Open Season finished

What goes on in Poland on the 2nd of November.

The market is waiting for Baltic Pipe. Open Season finished

The second and final phase of the Open Season 2017 procedure has proved the demand from the market for capacity to be delivered by the Baltic Pipe Project. In this phase of the Open Season 2017 market players have confirmed the interest shown in the first phase, by submitting binding bids committing themselves finally to 15-year contracts for capacity transmission from the North Sea through Denmark to Poland.

The Open Season 2017 procedure for the Baltic Pipe Project, conducted by the Polish and Danish gas transmission system operators, GAZ-SYSTEM and Energinet, has enabled network users to declare their demand for the establishment of upstream and  transmission  infrastructure  that  allows  for  transportation  of  gas  from  Norway through Denmark to Poland, and from Poland to Denmark.

After the completion of the Phase 2, both gas transmission system operators have made an evaluation of the bids and determined the results of the capacity allocation procedure, which proved a market interest in the capacity proposed in the Baltic Pipe Project.

Poland talked with Australia about security and cooperation in defense sector

– It was a long and important discussion. We exchanged opinions and diagnosis about south Pacific and eastern flank of NATO – said the minister of national defense Antoni Macierewicz after meeting his Australian equivalent Christopher Pyne.

– Defense is crucial for both of our countries. They both enlarge their defense abilities to an unknown scale so far. We want to develop our defense systems, so we can build it independently and learn from our mistakes as well as our successes – said the Australian minister.

Russia against Nord Stream 2 regulations

Intruducing new regulations on Nord Stream 2 by Brussels would mean discrimination from political reasons – said the head of Russian diplomacy Sergey Lavrov. Moscow is against European Commission mandate for negotiating statutory rules, on which the investment would be realized.

Moscow claims that EC’s efforts to gain the mandate are „absolutely unjustified”.

Brussels announced that it wants to receive a mandate for negotiating Nord Stream 2 from member states. This declaration fell off after an application formed by Denmark and Sweden. The countries demanded information whether the project is compatible with EU legislation and energy union assumptions.