Poland will not run out of gas – PGNiG’s chairman says

Gas hob
Source: DollarPhotoClub

PGNiG, Poland’s dominant gas company, believes that the country is under no threat of running out of gas as a consequence of the Russian-Ukrainian crisis – Polish portal Gaz Lupkowy reports.

The company’s chairman, Mariusz Zawisza, said in an interview that Poland has several options of securing gas in the event of disruptions in supply, including transiting gas through Belarus and obtaining reverse flow supplies from Germany and Czech Republic. Add this to Poland’s domestic exploration, which equals close to four billion cubic metres of gas, and a considerable amount of gas stored, and Mr Zawisza believes that Poland’s short-term energy future is secured.

Poland is eager to renegotiate the price of gas it’s currently paying Gazprom. Despite a renegotiation that took place in 2012, which obtained a discount of ten to fifteen percent, Poland is still among the countries who pay the highest rates for Gazprom’s gas. However, Poland’s position at the negotiating table will strengthen considerably once it completes it’s LNG terminal in Swinouscie next year.

PGNiG is currently in the process of analysing possible sources of LNG imports, a task made more difficult by the fact that the talks about the free trade agreement between the U.S. and the EU are far from completed.

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