Poland eyes lower gas prices from Russia’s Gazprom - Economy Minister
October 8, 2013
Economy Minister Janusz Piechocinski
The Polish government hopes it will be possible to renegotiate gas prices with Russian Gazprom as the gas market is slowly becoming more client-friendly, Economy Minister Janusz Piechocinski told reporters on Monday.
"We hope that in Central and Eastern Europe the time has come to talk with Gazprom about renegotiation of gas rate because the market is becoming more friendly to recipients than to suppliers," Piechocki said.
"I draw attention here to large investments which bolster us in the role of partner, strengthen our position in negotiations," he said. "In 2018 we will have full security when it comes to access to natural gas in Poland. Of course, if the Russian gas remains the cheapest, we will still use it."
The timing of potential renegotiation will depend on the companies involved, Polish gas group PGNiG and Russian Gazprom, Piechocinski also said.
Comments came as PGNiG and Gazprom had a meeting on Monday to discuss terms of gas supplies to Poland and joint activities related to EuRoPol Gaz, the Yamal pipeline operator controlled jointly by PGNiG and Gazprom.