Polish Briefing: Ukraine announces the end of the gas crisis
What goes on in Poland on the 7th of March.
What goes on in Poland on the 7th of March.
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.
What goes on in Poland on the 5th of March.
Naftogaz and Poland’s PGNiG have signed a contract for urgent gas supplies following the yesterday’s Gazprom’s decision to refuse starting supply of gas to Naftogaz, which happened a day after the announcement of the award of the Stockholm Tribunal.
Information about the merger PKN Orlen and Grupa LOTOS electrified the observers and experts of the energy market. In the meantime, this is just the beginning of the road to creating a fuel giant. Is antitrust law going to prevent it? – writes Piotr Stępiński, editor of BiznesAlert.pl.
What goes on in Poland on the 2nd of March.
On Tuesday, a letter of intent was signed between energy minister Krzysztof Tchórzewski and the president of PKN Orlen Daniel Obajtek regarding the start of the process of taking over capital control by Orlen over the Lotos Group. As a result of the operation, the Płock concern is to take over 53 percent of shares […]