Polish Briefing: There is no dispute over Baltic Pipe. Route in June

What goes on in Poland on the 16th of May.

There is no dispute over Baltic Pipe. Route in June

During the European Economic Congress 2018, the government plenipotentiary for strategic energy infrastructure Piotr Naimski informed journalists that the territorial dispute between Poland and Denmark had been resolved, and the route of Baltic Pipe will be determined in June.

– The gray zone problem does not exist. This has been resolved – assured the minister.

He added that the gas pipeline project from Norway, through Denmark, to Poland has all the licenses for geophysical and geotechnical research in Sweden, Denmark and Germany. – Everything is going according to the schedule – added a representative of the government. After recent geophysical and geotechnical investigations it will be possible to set a route, which according to the minister will take place in June. After the last tests have been made, the route will be finally selected.

The Baltic Pipe project envisages the construction of a gas pipeline from gas fields in Norway to Poland with an annual throughput of 10 billion cubic meters. It would be created by October 2022.

PGNiG looks at the “virtual gas pipelines” of LNG from the USA. Will it enter the field?

During the European Economic Congress 2018 in Katowice, Fred Hutchinson, president of LNG Allies, said that although Poland is not the largest market for American LNG, it remains in the orbit of interest of American companies.

– We are now at the point where, if we do not expand the LNG infrastructure, global prices of this raw material will rapidly increase through the continuous increase in demand. In the USA, in contrast to Qatar, Australia, Iran or Russia, you can reserve volumes, in fact creating something like “virtual LNG gas pipelines”. Gaz-System and PGNiG are watching this – he said.

According to BiznesAlert.pl, PGNiG is considering acquiring natural gas in the USA. This would allow cheaper to obtain the raw material, and thus lower the price of imported liquefied gas. Thanks to this, PGNiG could develop global trade in liquefied gas and compete its price on the European market.