Wednesday, June 1, 2016

Poland will not renew a long-term contract with Gazprom. For six years the supply of gas from Russia will be stopped? – Money.pl

– Poland does not intend to extend long-term agreement with Gazprom for the supply of gas after the date expires in 2022 – said on Monday, Reuters Piotr Naimski, government representative for the strategic energy infrastructure. Experts point out that such announcements spewed already could be to put pressure on Gazprom, which currently negotiating PGNiG, but warn that it could backfire for the intended.

– We aspire to a situation where a long-term agreement will be only a memory. If the price of Russian gas will be competitive, do not rule out buying it, but certainly not in the context of a long-term contract – announced Naimski.

See what Gazprom material: Poland resigns from Russian gas?

the agreement with Gazprom, signed in September 1996 by the government Wlodzimierz Cimoszewicz expires at the end of 2022 years. Under this agreement, Poland need to buy a year of 9 billion m 3 of gas per year.

He said Naimski, thanks gazoportowi in Swinoujscie, Poland will be able to import 5 billion m 3 of gas per year, and the opportunity to bring another 10 billion m 3 year to ensure the planned Pomeranian pipeline from Norway. Plans for this investment, which would be completed by 2022, are to be announced by the end of this year.

In this way, Poland, the annual consumption of gas does not exceed 15 billion m 3 of gas, would gain total independence from Russian supplies. The more that part of the demand for blue fuel, in addition to imports, is met by local production, amounting to approx. 4 billion m 3 year.

In practice, this may mean that – following the example of Ukraine – Poland plans to completely abandon gas purchases from Gazprom?

– it is quite possible that Poland will replace russian gas deliveries from Norway or through the LNG terminal from any source, because it assumes announced in this year’s plan Gaz-System for the next 10 years – says Wojciech money.pl Jakóbik, an expert energy market, the editor-in-chief BiznesAlert.pl. – The assumption is that either the creation of Corridor Norwegian, which is a combination of gas fields on the Norwegian shelf, or will be provided a new floating LNG terminal in the Gulf of Gdansk. This alternative solutions, in addition to which, it has come to increase the capacity of the terminal in Swinoujscie – he explains.

The caller money.pl draws attention that Piotr Naimski no indication that Poland give up Russian gas at all, but that intends to abandon the long-term contract with Gazprom, which under the present conditions are unfavorable for us. – Probably sends a signal that the Russian negotiators, who are now in talks with PGNiG on how to change the price and other terms of the contract. And also the fact that Poland requests a change in treatment by Russia – says the expert.

He says Jakóbik, “the Polish side are the arguments market” because Gazprom now gives way and relaxes its position in negotiations with companies Western Europe, for example, German and Italian. – To maintain its market share in the face of growing competition, whether from the US liquefied natural gas, or in the longer term, from the Norwegian deliveries, Gazprom is going to hand to your customers and offer better conditions. In the Baltic States introduced even auction system, which is a total revolution in the politics of the company – draws attention.

– Speaking about this, that there will be a total abandonment of Russian gas can bring counterproductive effect – warned in turn Bartosz Milewski director. portfolio management Hermes Energy Group, the company intermediated in gas trading on the Polish market. – When the Russians will know that after 2,022 years does not sell to the Polish gas may be that they do not want to make concessions – warns in an interview with money.pl. – If the Russians to przyprze to the wall, it can begin to act irrationally, which has more than once demonstrated – he added.

Expert Hermes Energy Group believes that Gazprom “anyway realizes that he must fight for the market “and will no longer be able to contain long-term contracts, as before, but will have to provide short-term contracts. This means that the Russians will be forced to compete on the market price.

Milewski stresses that Poland is already independent energy from Russia, because in addition to LNG terminal LNG terminal in Swinoujscie, warehouses and domestic production, it can buy gas from other countries, for example Germany or the Czech Republic. – Further diversification of supplies is very beneficial for the Polish, but excluding the start of the mix supply from Russia would mistake – says the expert. – at this point, we should focus on investment costs, and not only on energy security, because we have already provided. If it turns out that the pipeline Norwegian will be used 100 percent only once in a while, eg. in accident withhold supplies from Russia or other emergency situation, it has to be considered whether such a project makes economic sense. The question is whether the costs of a crisis will be higher than the construction and maintenance of such a pipeline – explains the expert.

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