Polish Toledo

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Sunday, July 01, 2007

Energy Diversification for Poland


Polish and Norwegian authorities have agreed on the financial terms for a pipeline to channel natural gas from Norway's offshore fields to Poland, which is trying to lessen its reliance on Russian energy. Poland is achieving progress in terms of diversifying natural gas supplies.

Like other countries in the former communist bloc, Poland is growing increasingly jittery about its dependence on Russian energy. Russia has been involved in a string of rows with countries that depend on it for gas and oil or which are key transit routes for the energy Russia sells to European Union nations.

The planned gas pipeline from Norway to Poland is due to run via Denmark. Polisg Gas Company will purchase a 15-percent stake in three Norwegian offshore gas exploration and production licences.

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