Poland buys more LNG, reduces reliance on Russian gas
WARSAW, (Reuters) - Poland's dominant gas firm PGNiG said that its LNG purchases from Qatar and elsewhere jumped by 60 percent in January-July from a year earlier, as the country diversifies its sources to reduce reliance on Russian gas.
PGNiG has to buy certain amounts of gas annually from Russia under a long-term deal with Russia's Gazprom, which expires in 2022 and which Warsaw has said will not be renewed.
In the first seven months of this year, PGNiG's imports from Gazprom rose by 6 percent, it said, but the Russian share of PGNiG's total gas imports fell by 2 percentage points from a year earlier to 75 percent.
LNG, purchased from Qatar, Norway and the United States, accounted for 19 percent of PGNiG's total gas imports during the period, an increase of 6 percentage points from a year earlier.
PGNiG has been buying more LNG via a terminal at the Baltic Sea in Poland also plans to build a gas link to Norway by 2022, which would give it access to gas from the North Sea.
"PGNiG is getting prepared to start supplying the Polish market with gas produced on the Norwegian continental shelf," PGNiG said.
The company also said that gas consumption in Poland rose to 17 billion cubic metres (bcm) last year, from 15 bcm two years previously.
(Reporting by Agnieszka Barteczko; Editing by Susan Fenton)
The US Energy Information Administration (EIA) reported in April that the US set records for natural gas production in 2017.
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Since market reforms first started in 1978, China has shifted from a centrally planned economy to a market-based economy, experiencing rapid economic and social development.
Russia aims to ally with Qatar in LNG competition with Australia and other LNG-exporting majors over the coming years.
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