Polish Briefing 22 November, 2017 9:00 am   
COMMENTS: Mateusz Gibała

Polish Briefing: PGNiG signed a contract for US LNG deliveries

What goes on in Poland on the 22nd of November.

PGNiG signed a contract for US LNG deliveries

We have signed a medium term contract for gas deliveries from the USA – said PGNiG’s CEO Piotr Woźniak at a press conference.

He added that the LNG will come form Sabinie Press terminal from Cheniere Energy, and the partner of the exchange will be Centrica. – It is a breakthrough – said Woźniak.

The contract will come in power in 2018. Nine LNG deliveries will come to LNG terminal in Świnoujście within five years.

– Deliveries will last for five years. This will be a small amount – said the vice-president Maciej Woźniak.

Labout unions: Emissions trade reform is „radically unattractive for Polish economy”

A project of EU directive reforming the European CO2 emissions trading system (ETS) is radically unattractive for Polish economy – rates „Solidarność”, who sent a letter to the key EU institutions.

Union’s letter was headed to EU Parliament, European Commission European Council and Estonian presidency in the EU Council.

Representatives of „Solidarność” point the need to re-negotiate the project, so it supports investments in coal energy.

According to „Solidarność”, the present project of ETS makes „a real threat for thousands people to lose their jobs, and could make the energy consuming industry go outside of EU borders and increase the energy costs for both undertakings and households”.