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Natural Resources committee  The contract with Qatar is for roughly 1.5 bcm annually for 20 years. Currently the Polish companies do not having any contracts for supplying LNG in the coming year or so. The terminal itself will be finalized as regards the construction by the end of this year. It will probably become operational after the preliminary tests sometime in the spring next year.

April 29th, 2014Committee meeting

Dr. Stanislaw Cios

Natural Resources committee  Yes, just briefly. One of the key problems in Ukraine is the low price of energy, which does not stimulate efficiencies and savings. Therefore, the whole energy system and the pricing must change in Ukraine. But raising the price of energy and establishing a market price offers serious political and social challenges, because the society at large is rather poor, and it would be very difficult for it to accept high market prices for energy.

April 29th, 2014Committee meeting

Dr. Stanislaw Cios

Natural Resources committee  It would create certain economic challenges, especially as regards the competitiveness of the industry. Nevertheless, in our opinion, the main challenges that we would face would still be political and social ones, because to implement such a policy of energy effectiveness and efficiency requires, in any scenario, public support for such a policy.

April 29th, 2014Committee meeting

Dr. Stanislaw Cios

Natural Resources committee  First of all, the problem with Gazprom is the price of gas, which has been raised significantly by Gazprom in the last few weeks. Secondly, Gazprom has a contract with Ukraine for the supply of gas, and one of the key elements in this contract is that the gas that passes through Ukraine has to be exported.

April 29th, 2014Committee meeting

Dr. Stanislaw Cios

Natural Resources committee  There are two problems associated with this issue. One is the issue of infrastructure. This means pipelines. The second one concerns the possibility of reverse flows. Both are hindering the possibility of diversification and increasing the supply of gas in the short term in this part of Europe.

April 29th, 2014Committee meeting

Dr. Stanislaw Cios