USA.

Polish Oil and Gas Company (PGNiG) and Cheniere Marketing International LLP have signed a long-term agreement for supplies of liquefied natural gas from the USA.

– Despite the imminent return of US sanctions against Iran, the price of oil may even fall. It would be good news for Polish drivers – writes Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.

What goes on in Poland on the 23rd of October.

According to Marcin Gawęda, president of the think tank – being at the same time its associated U.S.-based foundation – „the strategic goal of The Warsaw Institute Foundation, as the first Polish geopolitical think tank in Washington, is to reinforce Polish interests in the United States.”

Kommersant wonders why US liquefied gas will not replace supplies from Gazprom to Poland. It argues that deliveries from Russia must be cheaper. However, even from its own calculations, it appears that the Yamal contract is more expensive – writes Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.

For a 20-year term, Polish Oil and Gas Company (PGNiG) will receive liquefied natural gas from the USA for domestic customers or for resale. Under the agreements, PGNiG will purchase LNG on a free on board (FOB) basis starting from the commercial operation date of the Venture Global Calcasieu Pass LNG export facility, currently expected […]

What goes on in Poland on the 11th of October.

The dispute over the revision of the gas directive shows how strong is Russia’s influence on European politics and how much it harms European integration, writes Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.

What goes on in Poland on the 8th of October.

Basing on confirmed reports, the Company informs that between January-August 2018, LNG accounted for nearly 20 percent of imports, while natural gas from Russia accounted for ca. 74 percent of imports.