WTI Crude

Loading...

Brent Crude

Loading...

Natural Gas

Loading...

Gasoline

Loading...

Heating Oil

Loading...

Rotate device for more commodity prices

Alt Text

Putin’s Plan In The South China Sea

Despite no claims in the…

Alt Text

How Will North Korea React To Trump’s Posturing?

Vice President Pence today announced…

Alt Text

Uzbekistan, Gazprom Settle On 5 Year, $2.5B Gas Deal

Russia’s energy behemoth Gazprom has…

RFE/RL staff

RFE/RL staff

RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many…

More Info

Poland Seeking New Energy Sources For ‘’Security Reasons’’

Energy

In a visit to the United States this week, Mateusz Morawiecki, who is also Poland's minister of economic development, met with U.S. Energy Secretary RIck Perry to discuss purchasing U.S. gas and got a "very positive response," he told reporters.

Morawiecki told Reuters on April 5 that he reached an "understanding" with Perry to work toward a deal.

Poland, a NATO member, currently gets about two-thirds of its gas from Russia, and has been striving to find alternative sources for national security reasons.

The purchase of gas from the United States would diversify Poland's energy supplies and increase its energy security, Morawiecki said.

"I am very much concerned. I think that what Russia is doing since invading Georgia in 2008 and Ukraine in 2014, it is clearly against international public law," he told Reuters.

"We strongly oppose this expansionary and aggressive policy by Russia. Cyberthreats to the Baltic States and Poland are difficult to overestimate. I believe this is a real threat," he said.

Poland has a liquefied-natural-gas terminal in the Baltic Sea that opened last year. Morawiecki said U.S. gas from Texas is currently more expensive than liquefied gas the country could import from Algeria or Qatar, but he believes a lower price can be negotiated with U.S. suppliers.

A fracking revolution in the past decade turned the United States into a natural-gas superpower, rivaling Russia and other major suppliers around the world. The United States started exporting some of its abundant gas only a year ago and has not as yet sent any to Northern Europe

Poland's contract to buy gas from Russia's state-owned Gazprom expires in 2022.

By RFERL.org

More Top Reads From Oilprice.com:




Back to homepage


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News