Polish Briefing: The EC keeps working on the gas directive. Orlen-Lotos merger will take time
What goes on in Poland on the 8th of March.
What goes on in Poland on the 8th of March.
During the Lotos Group conference on the results for the fourth quarter and the whole 2017, the CEO, Marcin Jastrzębski, announced that the company will invest in alternative fuels and that less and less oil from Russia reaches the Gdańsk Refinery.
Gazprom announces that it will seek to terminate contracts for gas supplies and transmission through Ukraine. Does this mean that it will turn off the gas tap?
The hybrid gas war I wrote about continues. Gazprom has already lost its clients in Ukraine, and its activities consolidate the society around the authorities in Kiev, which may strengthen the resistance to Russia. For Poles this is the perspective of enhanced cooperation, which will, however, require a tough market game – says Wojciech Jakóbik, […]
Polenergia, the largest Polish private and vertically integrated energy group, signed a preliminary agreement to dispose of 50 percent of shares of its subsidiaries Polenergia Bałtyk II and Polenergia Bałtyk III implementing the construction of offshore wind farms with the capacity of 1,200 MW. The agreement was concluded with Statoil Group.
According to BiznesAlert.pl, even the Germans bring oil from outside of Russia via the Gdańsk oil terminal today. Although the Russian blend of REBCO will still be needed by refiners for technological reasons, diversification is progressing. Grupa Lotos reports that 40 percent of deliveries in the first quarter of 2018 came from outside of Russia. […]
Gazprom rejects the ruling of the arbitral tribunal in favor of Ukraine and does not execute the agreed supplies. Ukraine reaches for deliveries from Poland. Gazprom announces the termination of all contracts with Naftogaz. Is this a new gas war? Is the old Gazprom returning? Nevertheless, the Russians keep their actions in check, which may […]
What goes on in Poland on the 6th of March.
Ukraine’s gas transmission system (GTS) was fully functional on the morning of 3 March after emergency measures taken by Ukraine and the country’s European partners helped to cancel out the potentially disastrous effects of a Russian failure to supply prepaid gas.
Central Europe Energy Partners (hereinafter as „CEEP”) supports Commission’s Proposal regarding amendment of Directive 2009/73/EC (hereinafter as Gas Directive) aimed at ensuring application of this Directive to gas import infrastructure. We consider legislative initiative from the Commission to be timely and instrumental for both the better functioning of the common EU gas market and advancement […]