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Uncle Sam Replaces Russian Gas in Poland

February 27, 2019 By Richard C. Young

An LNG tanker docked at the terminal in Swinoujscie, Poland. By Wojciech Wrzesien @ Shutterstock.com

As a NATO ally and a nation formerly oppressed by the Soviet Union, Poland is working hard to end its reliance on Russian natural gas supplies. Poland has built out its liquefied natural gas infrastructure to enable it to import gas via the sea from places like the United States, Norway, and Qatar. The move will insulate Poland from Russia’s frequent uses of natural gas shutoffs in diplomatic disputes (usually with Ukraine, upstream from Poland on the gas pipelines). Stanley Reed of The New York Times reports (abridged):

Poland is determined to end its reliance on Russian energy within the next few years, part of a broader effort in Europe to diversify the region’s energy supply. Relations with Russia have been unsettled, sometimes perilously, over political differences as well as the role of Poland, a former Soviet satellite, in NATO.

The country has found a ready replacement in the United States.

Read more here.

Trump pushes US LNG as an alternate to Russian gas

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Richard C. Young
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Richard C. Young
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