Wednesday, April 27, 2022

Russia cut off the gas supply to Poland and Bulgaria. Germany will buy oil from Poland

 Polish gas distributor, PGNiG, announced that Russian company, Gazprom, suspended contracted gas supplies due to the refusal to pay for the material in rubles.

The Minister of Climate and Environment informed that Poland has 80 percent gas reserves, but they don't have to be used because Poland buys LNG, which should be enough to cover their needs.

Meanwhile, Germany signed an agreement with Poland for oil supplies from Gdańsk to become independent from Russia. It's Saudi oil imported by Polish Lotos Oil.