Gazprom

Poland’s PGNiG and Russia’s Gazprom have agreed a new contract for gas deliveries to Poland.

The Poles plan to order 9 billion cubic metres of gas this year, 9.3 billion next and more than 10 billion in 2012, Prime-Tass reported.

Precise figures can be amended to meet the buyer’s needs.

We have previously predicted a reply of last January’s energy crisis, following the cutting off of Russian gas supplies transiting the Ukraine. Now Prime Minister Vladimir Putin appears to have confirmed our fears, warning of another potential winter gas war between the two countries that could again affect fuel supplies to much of Europe.
 

Yesterday (7 Sept), Dmitri Medvedev discussed Gazprom's operational priorities in Russia, gas-sector cooperation in the Caspian region, and relations with gas consumers in Belarus and Ukraine with Alexei Miller, Gazprom's chief executive. 
 

In failing to act in a unified manner, and with certain member states consistently acting only in their own best interests, Europe's relationships with Russia are being choreographed by the Kremlin. With economic relationships centring on oil and gas, Russia plays to its strengths, whilst Europe's potential strengths, its size and wealth, are thrown away as the Union languishes in disunity.