Tuesday, May 31, 2016

Is Poland will win the cheaper gas from Gazprom? – Republic

Declaration of representatives of the Polish government not to extend the term of the Yamal contract on gas imports from Russia received wide coverage in our eastern neighbors.

The comments came when Reuters quoted in this matter Piotr Naimski, Government Plenipotentiary . strategic energy infrastructure.

Alexei Kokin, senior analyst at the bank UralSib said in an interview with “Rzeczpospolita” that Gazprom is ready to make concessions to PGNiG.

– Poland has always paid a lot more than eg. Germany, although the cost of transporting Russian gas to the Polish are lower. Price for customers from Germany was in April between 140-150 dollars. per 1 thousand. m3, while spot markets (exchanges – ed.) is approx. 130 -140 dollars. – says Kokin. Poland but always paid a premium to Gazprom.

Today, Gazprom is more interested in the sale price, but the amount of the exported gas. – That’s why to me the heads of Gazprom are ready to talk with the Poles at a lower price. They understand that increasing sales is the only chance for the company to maintain its market position – Russian analyst believes.

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