Polish storage obligation unsettles market players

By Andreas Walstad 9 March 2017
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PGNiG’s underground gas storage facility in Kosakowo, northern Poland. (PGNiG) PGNiG’s underground gas storage facility in Kosakowo, northern Poland. (PGNiG)

A proposal for new gas storage obligations in Poland has once again come under fire, with traders warning the rules will offset progress on market liberalisation and reduce liquidity. 

Under new laws being pushed through by the Polish government, all importers would be required to keep a minimum of 30 days of gas in storage; the move is intended to bolster security of supply in a country largely dependent on Russian gas. 

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