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Free AccessPGNiG Reverses on Norway Gas Comments
Poland’s PGNiG said in a statement it aims to fully utilise booked capacity on the Baltic Pipe from Norway. It reverses yesterday’s stance, when the company said it only plans to use half the booked capacity because it expects higher prices to dampen demand for gas.
- The pipe is planned to open on October 1 and is capable of delivering up to 10 billion cubic meters of gas per year from Norway.
- "It may also aim to clarify any doubts as yesterday's declaration may have been interpreted that technical issues stand in the way of the full usage of booked capacity." The statement said.
To read the full story
Sign up now for free trial access to this content.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.