Latest Articles about Central Europe

Russia Targeting Oil Assets in Poland and Lithuania

On October 30, Poland announced its intention to privatize the state-owned majority stake in the country’s second-largest oil industry concern, Lotos Group. The Polish government is inviting interested parties to pre-tender talks on the Lotos Group. The government has already talked with the Russian government... MORE

Polish Government Defends Nontransparent Gas Agreement with Russia

The Russian-Polish gas agreements (“Russian-Polish Gas Agreement Leaves Key Questions Unanswered,” EDM, November 2) mark an unprecedented turnabout by the Polish government, siding with Russia and Gazprom despite the European Commission’s cautionary advice (EDM, October 4, 5). The Commission’s concerns are of a legal and... MORE

Russian-Polish Gas Agreement Leaves Key Questions Unanswered

On October 29 in Warsaw, the Polish government and state gas company signed long-term supply and transit agreements with Russia, despite strong cautionary advice and warnings of legal action by the European Commission (EDM, October 4, 5). The agreements prolong and entrench Polish dependence on... MORE

Another Chance for the Odessa-Brody Pipeline

Using the Odessa-Brody oil pipeline as originally intended, south-north, is under active consideration again; this time, by the governments of Ukraine and Belarus. The pipeline is being used since 2004 in reverse, north-south, by Russian oil companies, for exports out of Odessa. Such reverse-use blocks... MORE

Gazprom Sees Window of Opportunity to Keep Poland Dependent

Moscow is exploiting a number of Polish vulnerabilities of both the objective and the subjective variety, all short-term, in the negotiations on a new supply agreement. The proposed draft would perpetuate those vulnerabilities, and cause Polish long-term dependence on Gazprom. For the time being, Poland... MORE

European Union Assists Poland to Rectify Agreement With Gazprom

Poland consumes some 14.5 billion cubic meters (bcm) of gas annually (unaffected by the economic recession elsewhere). The country produces some 4.3 bcm per year internally while importing the remainder from Gazprom (Bloomberg, September 18). Most of Gazprom’s deliveries enter Poland through the Yamal-Europe pipeline,... MORE