Russian Natgas Deliveries Fall by 45% Today Claims Poland

Peter's Commentary Yesterday, we heard that Natgas deliveries to Poland had been cut by 24%. Today Poland is claiming that deliveries have fallen by 45%. From The Financial Newswire 9/11/2014: Poland's listed natural gas group PGNiG noted Wednesday natural gas deliveries from the east 45% below the ordered level, the firm said in a Thursday press statement. Wednesday marks the third … [Read more...]

Russia’s Gazprom Retaliates: Cuts Poland’s Gas Supplies By 24%

Peter's Commentary Last week Europe warned that it will impose a more serious set of sanctions that will impact Russia's large energy companies. In response to this warning, Gazprom took steps to decrease gas supply to Poland on Sept 8 and 9 by 20 to 24% respectively. From 09/10/2014 Poland has suspended gas supplies to Ukraine in reverse flow. This was stated by the head of … [Read more...]