Baltic states interested in Danish and Norwegian gas from Poland

Sep 05, 2001 02:00 AM

The Baltic countries are interested in importing some of the Danish and Norwegian natural gas which Poland has just contracted to buy, Lithuanian Prime Minister Algirdas Brazauskas said. "We are interested in joining with you and continuing our cooperation in that area with our Latvian and Estonian neighbours," Brazauskas told after meeting his Polish counterpart Jerzy Buzek.

Poland and Norway signed an agreement for Norway to supply 74 bn cm of gas over 16 years at an estimated price of $ 11 bn (12.4 bn euros). Poland agreed earlier this year with Denmark's DONG to import 2.5 bn cmpy of gas. A new pipeline is to be built to carry the Norwegian and Danish gas to Poland's northern Baltic sea coast.
But with the agreements believed to have take or pay clauses, as well as Poland's contract with Russia's Gazprom, Poland has been seeking to resell the gas as it may soon have to pay for more gas than it can use unless demand picks up considerably. Brazuaskas said the three Baltic states joining together would simplify construction of a gas pipeline to link Poland and Lithuania.

Source: AFP
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