LNG contracted by Poland's PGNiG 20-30% cheaper than Russian gas -minister - Reuters:
Liquefied natural gas (LNG) recently contracted by Poland’s state-run gas firm PGNiG is 20-30% cheaper than the gas the company has to buy from Russia’s Gazprom under a long-term contract, a Polish minister said on Friday.
Poland still imports most of the gas it consumes from Russia, but Warsaw has taken steps to reduce that reliance so that it does not have to extend the long-term deal on gas supplies after 2022 when it is scheduled to expire.
The country has significantly increased LNG purchases via its terminal in Swinoujscie on the Baltic Sea following PGNiG deals with Qatar and the United States.
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