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Free AccessPoland Focuses On Oil Independence From Russia
Poland continues to prepare for its independence from Russian fossil-fuel imports, as the country continues to receive 10% of its crude oil imports from Russia, Poland’s Climate and Environment Minister Anna Moskwa said.
- “We started our preparations (to end the dependence on Russian oil imports) long before the war. We always wanted to be independent from Russian fossil fuels,”Moskwa said.
- “We are ready to refine every type of oil but we need European solidarity,” she added.
- Poland and other European countries are hoping to sanction all flows via the Druzbha pipeline but Poland is waiting for Germany’s readiness, Moskwa said.
- Moskwa is also hoping to sanction all countries doing energy businesses with Russia as part of the EU’s next sanction package.
- When asked whether Poland refiners would look to buy Rosneft’s stake in German refineries Moskwa said: “There are some plans but it is always a business decision. We are ready to have a stronger cooperation…we would like Germany to be fully independent from Russia, we would like Poland to be fully independent from Russia.”
- In regards to Germany’s PCK Schwedt refinery, the minister said they are in talks with Germany, as other countries are too. It is not the main aim for Poland to buy Germany’s refineries.
- When asked about Germany’s oil supply contract with Kazakhstan she said: “It is very difficult to prove whether the oil is Kazakh or Russian.”
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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.