Sample Page Title

Commissioning of Nord Stream 2 gas pipeline equipmentMOSCOW, 24 Jan. The incompetent heads of Polish state-owned enterprises appointed by the authorities punished the country by losing the fight against Gazprom, ex-Minister of Foreign Affairs of the republic Radoslaw Sikorsky told Biznes Alert. Speaking of Nord Stream 2, the diplomat accused Russia of using an «energy stranglehold» against Ukraine and Germany in neglecting the interests of the countries of Eastern Europe for the benefit of their own industry. Sikorsky recalled that under the previous government, an LNG terminal was built in the country in order to diversify gas supplies and «not be afraid of blackmail» when signing contracts for the purchase of Russian fuel. «We wanted prices in long-term contracts to decrease, and our colleagues from Prava i justice» (the current party in power. — Approx. Ed.) Went to the casino and decided to play on gas quotes,» the ex-minister said. He said that due to the rise in spot gas prices, the country lost four billion dollars in a year and a half and put the responsibility for this on the Polish oil and gas concern PGNiG. According to Sikorsky, Poland receives fuel for the needs of private consumers from domestic sources, while the industry is forced to use imported raw materials. The diplomat urged to buy it where it is profitable, regardless of the country of production, and accused the ruling party of failing to politicize this issue.Europe was advised to change its gas storage strategy»When people <…> are selected in state-owned companies not by professionalism, but by the criterion of loyalty to the authorities, we get the result that we see. Gazprom masterfully beat PGNiG,» the former minister explained. Prices on gas began to rise sharply in late summer — early autumn, reaching a maximum of almost $ 2,200 per thousand cubic meters on December 21. Experts attribute the rise in prices to several factors: the low level of occupancy of European underground storage facilities, limited supply from major suppliers and high demand for liquefied natural gas in Asia. European authorities have repeatedly accused Russia of provoking an energy crisis. Vladimir Putin called these statements nonsense. The Russian leader recalled that he offered Brussels to leave long-term contracts for the supply of raw materials. However, the European Commission insisted on the market pricing of the energy carrier, which eventually led to a crisis, he stressed. /ec9d607b3d2c56a0237bcb7c64fa8a44.jpg» />September 30, 2019, 11:18 Infographic»Nord Stream 2″InfographicView