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Oil Economy Focus Rapid Review

Poland’s state-owned gas company, PGNiG, is currently in preliminary talks with US companies to grab equity stakes in LNG export facilities, so paving the way to the company securing US LNG supplies. It is also interested in partnering medium- or small-scale US shale gas producers. PGNiG is pushing to reduce its dependence on Russian piped natural gas. The company’s contract with Gazprom is expiring in 2022 and there are no plans on renewing it. The company is also focusing on the development of the Baltic Pipe project connecting Polish, Danish and Norwegian gas networks, set to start construction in 2020.
LINK TO THE SOURCE ARTICLE: PGNiG wants to secure U.S. LNG supplies

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