Friday, October 5, 2018

The Nord Sream 2 Alternative: "Polish consumption, LNG imports grow"

It isn't cheap to do what Poland is doing, paying for some independence from Russian sources, but it may prove farsighted on the day—and it will happen—Russia begins pressuring Germany over some geopolitical point or other.

From LNG World News,:

Natural gas consumption in Poland continues rising for the January-August period with LNG accounting for nearly 20 percent of total imports, Polish Oil and Gas Company (PGNiG) says. 
 October 4Compared to a similar period in 2017, between January-August 2018 imports of LNG have risen by nearly 64 percent, while imports of natural gas from Russia have increased by approximately 7 percent.

Natural gas imports from Russia covered 74 percent of the total imports into Poland, PGNiG said.
Apart from natural gas extraction in Poland, which covers around 25 percent of Polish demand, PGNiG is importing growing volumes of natural gas from an increasing number of countries (Qatar, USA, and Norway).

Natural gas imports are on the rise in response to a rapid growth in domestic demand as natural gas consumption in Poland rose from 15 bcm in 2015 to 17 bcm in 2017....
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