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Polish Briefing 19 September, 2022 7:30 am   

Polish Briefing: Poland and Lithuania agree on the EU climate policy reform | PGNiG did not find gas in Copernicus well on the Norwegian shelf

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What goes on in Poland on the 19th of September.

Poland and Lithuania agree on the EU climate policy reform

Prime Minister of Poland Mateusz Morawiecki met with Lithuanian Prime Minister Ingrida Šimonytė. The leaders talked about security issues, including energy security. The parties signed a joint declaration on the development of bilateral cooperation.

– A few days ago, the head of the European Commission said that Poland and the Baltic states had to be listened to earlier. It’s nice, but not enough to fix the mistakes of the past. One of the consequences of such mistakes is the energy war started by Putin. An armed war is taking place in Ukraine, but an energy war is taking place all over Europe, which is felt in energy, electricity and gas bills, Šimonytė said.

– Let us end the mechanisms on the basis of which energy prices are calculated, lead to unrest and social tensions. The EU’s energy price policy affects the level of inflation. We talked about facing the Russian blackmail and the mistakes of the EU energy policy, said Morawiecki.

PGNiG did not find gas in Copernicus well on the Norwegian shelf

The search for hydrocarbons in an exploration well, where PGNiG Norway is the operator, ended in a fiasco. After the drilling, it turned out that no hydrocarbon deposits had been found, said Longboat in a press release.

The Copernicus 6608 / 1-1S exploration well was drilled on the PL1017 license on the Norwegian Continental Shelf, where PGNiG Norway holds 50 percent of shares and is its operator. The partners in the implementation of the project are Equinor, which owns 40 percent of the shares, and Longboat Energy Norge, which owns 10 percent of the shares.

Drilling of the well by the Deepsea Yantai platform commenced in late August, two weeks after approval to drill and two months after approval to drill block 6608/1. The Copernicus well is located in the Utgar Upland in the Vøring Basin region of the Norwegian Sea.